16.02.2010
WestImmo wins “Bank of the Year” CEE Retail Real Estate Award for second consecutive year

Mainz, 16 February 2010 - Westdeutsche ImmobilienBank AG (WestImmo) has won the “Bank of the Year” category of the CEE Retail Real Estate Awards again in 2009, having already won the award in 2008. WestImmo’s greater commitment to central and eastern Europe and the further rise in its financing activities in those regions compared with 2008 enabled it to beat off the competition and successfully defend its title in 2009.

“WestImmo would like to thank its customers and partners for the trust and cooperation they have given us. We are proud to have won this award, demonstrating as it does that our customers recognise us as a reliable financing partner”, said Claus-Jürgen Cohausz, member of the managing board of WestImmo.

EuropaProperty, one of the leading real estate magazines in eastern Europe, presented the CEE Retail Real Estate Awards in Warsaw for the second time. The jury, consisting of investors, project developers, lawyers, valuers and public accountants, selected the prize-winners of the various categories from the more than 400 companies that had put their names forward for an award.

WestImmo is one of the leading commercial real estate finance providers in Germany and enjoys a strong presence in western, central and eastern Europe as well as North America and Asia. Its customers include institutional investors, global developers, real estate corporates and small and medium-sized businesses. In 2009 WestImmo provided its customers with funding totalling more than €6 billion.