April 07, 2014

Deutsche Hypo opens new representative office in Warsaw

Deutsche Hypo opens new representative office in Warsaw

Deutsche Hypo has officially opened its new representative office in Warsaw. Andreas Pohl, speaker of the Board of Managing Directors, Thomas Staats, Head of International Property Finance, and the new head of the representative office Beata Latoszek welcomed national and international guests from the real estate and finance sector to the opening celebration.

Deutsche Hypo’s latest location is in the Chmielna, a modern shopping street in the centre of Warsaw, where the bank has leased 150 sqm of office space in a brand new retail and office building.

“For Deutsche Hypo, Poland is one of Europe’s up-and-coming commercial real estate markets,” commented Andreas Pohl. “Given that Poland is growing at an above-average rate in comparison to other European countries, it will continue to expand its leading position within the investment markets of Central and Eastern Europe in future. For an experienced real estate financier like us, this opens up a wealth of business opportunities that we are in a better position to exploit if we have a local representative office. In Ms. Latoszek we are delighted to have acquired a well-versed financing expert who is not only very well-acquainted with the commercial property market in Poland, but also has excellent contacts.”

Before joining Deutsche Hypo, Ms. Latoszek (50) worked in a management role at the Polish universal bank Zachodni WBK in the area of commercial real-estate financing. Other career highlights in the same field include Hypo Real Estate in London and the Rheinhyp-BRE Hypotheken Bank and HypoVereinsbank – both based in Warsaw.

Ms. Latoszek, who speaks fluent English and German as well as Polish, is delighted with her new role: “Deutsche Hypo is also an internationally renowned financier of commercial real estate. I am excited about making a contribution to the bank’s future success on the Polish market,” she said.

The new representative office completes the presence of Deutsche Hypo in the key European real estate markets. Alongside Warsaw, the bank is also represented in London, Paris and Amsterdam as well as at five locations in the core market of Germany. “We now have a local presence in all of our strategic target markets and are available to our clients even across national boundaries for cross-border deals,” explained Pohl.

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