News - Press Releases
02/11/2009
WestImmo supports Europa Capital/M7’s Light Industrial Property Partnership (“LIPP”)
Westdeutsche ImmobilienBank (“WestImmo”), has agreed to support the roll out of the LIPP acquisition strategy. WestImmo has initially provided funding for LIPP’s first acquisitions of 4 industrial estates in Milton Keynes, Didcot, Basildon and Tewkesbury, for circa £20m. LIPP is expected to grow to about £130m, with several additional assets already under offer ... > More
19/10/2009
Westdeutsche ImmobilienBank AG closes on €100 million segured loan with ProLogis
Westdeutsche ImmobilienBank AG (WestImmo) announced today it has completed a €100 million structured financing with ProLogis ... > More
26/08/2009
Westdeutsche ImmobilienBank increases net interest income and new business in first half of 2009
Successful first half to 2009: IFRS consolidated result before tax at €42.8 million - New business volume increased to €3.1 billion ... > More
14/08/2009
WestImmo provides €30m for Adina's two new hotels in Berlin
WestImmo and Adina Apartment Hotels announced details of a significant €30m debt facility to finance two new Berlin properties currently under construction ... > More
13/08/2009
Refinancing - Galeria Mokotów, Warsaw
WestImmo as Co-Arranger acted together with Berlin Hyp and Landesbank Berlin for the well known Galeria Mokotów, shopping centre in Warsaw, in a refinancing volume of 205 Mio € ... > More
02/07/2009
Savings banks take €130m share of WestImmo financing
WestImmo expands its position as agent and arranger of commercial real estate financing in savings bank association ... > More
18/05/2009
Ulrich Lindhaus new head of Front Office Southern Germany of WestImmo
Ulrich Lindhaus will head up the Front Office Southern Germany and the Munich office of Westdeutsche ImmobilienBank AG (WestImmo) from 1 June 2009 ... > More
22/04/2009
Annual Press Conference 2009:
WestImmo reports sharp rise in earnings in 2008
2008 pre-tax earnings up to €121.2m - New business opportunities taken despite continuing crisis on the financial markets - Position as agent and arranger significantly strengthened - Internationalisation and focus on commercial real estate ... > More
17/02/2009
Change of Head of WestImmo London
Peter Denton, aged 38, has been appointed Head of WestImmo London Branch. He will take up his appointment on March 4, 2009 ... > More
12/02/2009
WestImmo honoured as
“Bank/Finance Provider of the Year 2008”
EuropaProperty confers CEE Retail Real Estate Award ... > More