UK-based credit investment firm LCM Partners has closed the purchase of a €113 million German real estate loan book through a secondary transaction, according to Real Estate Capital’s sister publication, Private Debt Investor.
1 min read · 08 May 2017
Jürgen Fenk, one of the best-respected real estate finance leaders in Germany, is to leave his position on Helaba’s board of managing directors next September to pursue other roles in real estate.
2 min read · 13 December 2016
German banks provided new domestic commercial real estate financing volumes of €22 billion during the first half of 2016, up 11 percent from the same period last year, according to research released by JLL.
2 min read · 23 September 2016
Pbb Deutsche Pfandbriefbank has provided a total of €120 million ($133.8 million) in loans on the acquisition of ten properties in Western Germany. The lender provided the loans to affiliates of the Catalyst Capital European Property Fund II that purchased the portfolio from TRIUVA (formerly IVG Institutional Funds) and a large German public sector pension scheme.
1 min read · 04 August 2016
Pbb Deutsche Pfandbriefbank has provided a €100 million loan to German investor TAG Immobilien to refinance a residential property portfolio in Germany.
1 min read · 12 July 2016
Aareal Bank has provided a €368 million loan to finance a logistics property portfolio in Germany.
1 min read · 21 June 2016
Bernhard Scholz, the member of pbb Deutsche Pfandbriefbank’s management board with responsibility for real estate finance and public sector finance, will leave the German bank when his current contract ends in April 2017.
3 min read · 12 May 2016
Amid continuing low interest rates, ease of availability and low return requirements, senior loans in Germany are tipped to “increase in attractiveness in the future” according to the EY Real Estate Capital Radar Germany 2016 report.
2 min read · 07 March 2016
Engel & Voelkers Investment Consulting (EVIC) has appointed Thorsten Brogt as executive director of business development to oversee the roll out of its distressed debt/real estate opportunity funds unit.
2 min read · 22 February 2016
German commercial real estate lending margins could come in by 20 basis points to as low as 109 bps by 2016, a poll of lenders in the country predicted.
3 min read · 07 December 2015