Finance Archives

Finance

pbb affirms earnings guidance for 2023 and launches cost-cutting programme

Deutsche Pfandbriefbank AG (pbb) generated a pre-tax profit of €81 million in the first half of 2023 (consolidated figures in accordance with IFRS, reviewed by external auditors). pbb affirmed...

Finance

pbb provides €40 million investment facility to REICO ČS NEMOVITOSTNÍ

In addition to the existing investment facility with an overall amount of €118 million pbb Deutsche Pfandbriefbank has provided a €40 million credit facility to the open-ended fund REICO...

Finance

S IMMO posts strong operating results for the first quarter

The listed real estate investment company S IMMO AG significantly improved its operating result in the first quarter of 2023. Herwig Teufelsdorfer, a member of S IMMO AG’s Management...

Finance

pbb holds course in difficult market environment

Deutsche Pfandbriefbank AG (pbb), a leading European specialist bank for commercial real estate finance, stayed on course in the current financial year’s first quarter for a profit before taxes...

Finance

Deutsche Hypo participates in the refinancing of Varso Place

Deutsche Hypo – NORD/LB Real Estate Finance has participated in the refinancing of the Varso Place complex in Warsaw. The consortium – consisting of Santander Bank Polska S.A., Landesbank...

Finance

P3 Group announces record operating results for 2022

The European investor and developer of warehouse properties, P3 Group increased Gross Asset Value (“GAV”) to €8.3 billion, only modestly impacted by a 2.3 percent valuation decline. Operationally, the...

Finance

pbb provides €117 million for logistics portfolio in Poland and Czech Republic

pbb Deutsche Pfandbriefbank has provided a €117 million investment loan facility to a Logistics Fund, managed by GLP Capital Partners (GCP). The fund will utilise the proceeds for the...

Finance

S IMMO defies crisis to achieve operating success

Robust operating figures and a significant increase in rental income with record EBITDA and gross profit demonstrate the stability of S IMMO’s business model in a highly volatile macroeconomic...

Finance

Santander provides funding for 1st stage of Neo Natolin

Real Management S.A. has received funding of PLN 125 million for the construction of its residential project Neo Natolin, which is being developed in Warsaw’s Wilanów district, at ul....

Finance

pbb and Amundi cooperating in fund origination

Deutsche Pfandbriefbank AG (pbb), a leading specialist European bank in commercial real estate financing, and Amundi Deutschland GmbH, a subsidiary of the largest European asset manager Amundi, have closed...

Finance

Dentons advises HB Reavis on financing for Varso Place

Dentons has advised HB Reavis on obtaining financing for the development of the Varso Place mixed-use building complex in the centre of Warsaw. The €475 million financing represents the...

Finance

pbb provides €90 million facility to Heimstaden Bostad

pbb Deutsche Pfandbriefbank has provided a €90 million (1,000 million SEK) credit facility to Heimstaden Bostad, a leading European residential real estate company, which acquires, develops and manages multi-family...

Category: Finance