Several of Germany’s largest specialist real estate banks either met lending targets during 2016 or surpassed the previous year’s origination totals.
pbb Deutsche Pfandbriefbank
Pbb Deutsche Pfandbriefbank originated €10.5 billion of new business during 2016, its second highest annual volume since it resumed lending in 2009.
Pbb Deutsche Pfandbriefbank and Helaba have written a €225 million loan to refinance debt secured by a 13-strong mixed-use portfolio in the Netherlands.
Pbb Deutsche Pfandbriefbank has financed a portfolio of recently-constructed and to-be constructed logistics facilities across the UK with a £147 million (€174 million) loan.
Pbb Deutsche Pfandbriefbank has provided a €50 million loan to a vehicle managed by private investment company Ardian.
Pbb Deutsche Pfandbriefbank has provided a €64 million loan to a vehicle managed by AEW Europe to finance a portfolio of business parks located around Paris.
Pbb Deutsche Pfandbriefbank has written a €28 million loan for a hotel development in Hamburg.
Pbb Deutsche Pfandbriefbank has provided a £35 million loan to Benson Elliot Capital Management to finance the acquisition of Slough Retail Park in the UK.
CBRE Global Investors has agreed a €108 million financing of a Czech market acquisition with pbb Deutsche Pfandbriefbank.
Germany’s pbb Deutsche Pfandbriefbank (pbb) has provided a €170 million loan to finance the acquisition of a Berlin mixed-use complex.