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Stenprop
www.hamburg-fotos-bilder.de
Stenprop exits German market to concentrate on UK multi-let industrial
UK REIT Stenprop has agreed to sell the Bleichenhof mixed-use property in the centre of Hamburg to Projekt Palais Verwaltungs GmbH, a vehicle beneficially owned by three German medical occupational pension funds. The price was €160m. Read more
Aareal Bank AG
Financing deals, updates
Among notable financings of the past month, pbb Deutsche Pfandbriefbank and HSH Nordbank lent German investor RFR Group more than €200m to refinance the 47-storey hotel and office asset WestendGate opposite the trade fair in Frankfurt. Read more