15/12/2011
Apollo Offer Does Not Permit Sale of WestImmo
# Sale cannot be justified in economic terms # Transaction and extended liability risks untenable for WestLB and its owners ... > More
29/08/2011
WestImmo increases its consolidated profit for the period to EUR 44.6 million
Consolidated profit for the period at EUR 44.6 million - an increase of 80 % compared with the previous year - Net interest income after allowance for losses on loans and advances grows to EUR 107.4 million - New business volume has decreased considerably due to the ongoing selling process ... > More
20/07/2011
WestLB to continue discussions on WestImmo sale exclusively with Apollo
WestLB AG, Düsseldorf, is to continue the ongoing discussions on the sale of Westdeutsche ImmobilienBank AG, Mainz, its commercial real estate financing subsidiary, exclusively with affiliates of Apollo Global Management (NSYE: APO) ... > More
05/04/2011
WestImmo closes 2010 financial year with sharp rise in earnings
Pre-tax earnings and consolidated net income up 17% and 14% respectively - Net interest income around €239m - New business volume at €3.3bn - Strategic objectives achieved ... > More
02/03/2011
WestImmo finances A-Class Office Building "Avatar" in Krakow, Poland
Westdeutsche ImmobilienBank AG (WestImmo) is pleased to announce that it has provided AZORA with a € 21.6 million investment financing for the A-Class Office Building ... > More
14/01/2011
WestImmo refinances the office building "160 Fifth Avenue", Manhattan, New York
WestImmo together with M & T Bank as co-lenders, closed on a 5-year, $ 65 M senior refinancing loan for 160 Fifth Avenue ... > More
11/01/2011
WestImmo finances the office building Rijkskantoor Hanzeland, Netherlands
Acting as Arranger, Westdeutsche ImmobilienBank AG is financing the purchase of an office building in the amount of € 18 m ... > More