Average gross margins across pbb Deutsche Pfandbriefbank’s new real estate lending increased to around 170 basis points during the second quarter of 2017, up from 160bps the previous quarter.
pbb Deutsche Pfandbriefbank
Germany’s pbb Deutsche Pfandbriefbank has provided a €66 million loan to Reico and a €51 million debt facility to BlackRock.
German real estate lender pbb Deutsche Pfandbriefbank has provided a €87 million loan facility to logistics property firm Industrial Securities.
German real estate lender pbb Deutsche Pfandbriefbank has provided a €64 million refinancing of a Polish shopping centre bought by London-based property investor Resolution Real Estate Advisers.
Pbb Deutsche Pfandbriefbank and Deutsche Asset Management have joined forces to provide a £69 million refinancing of a mixed-use block on London’s Savile Row.
Pbb Deutsche Pfandbriefbank has provided a €29 million loan to refinance a Finnish office property owned by asset manager Schroders.
Pbb Deutsche Pfandbriefbank has provided an SEK 410 million (€43 million) loan to recently-launched Swedish investor Logistea to finance its first deal.
German bank pbb Deutsche Pfandbriefbank has provided an investment facility of SEK 985 million (€101 million) to Bråviken Logistik, the Stockholm-based logistics investor.
A high concentration of business in the competitive German market during Q1 2017 resulted in a drop in average gross margins across pbb Deutsche Pfandbriefbank’s lending, from around 170 basis points to around 160 bps.
Helaba and pbb Deutsche Pfandbriefbank have provided a €177 million loan to developer and investor CTP for the refinancing of CTPark Bor, one of the Czech Republic's largest logistic parks.