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
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.
Pbb Deutsche Pfandbriefbank has issued a US dollar-denominated mortgage Pfandbrief, with a total volume placed of $600 million.
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 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.