Lenders Deutsche Hypothekenbank, Deutsche Pfandbriefbank (pbb) and Helaba are jointly financing the Höfe am Brühl shopping centre in Leipzig owned by retail specialist Management für Immobilien (Mfi).

Lenders Deutsche Hypothekenbank, Deutsche Pfandbriefbank (pbb) and Helaba are jointly financing the Höfe am Brühl shopping centre in Leipzig owned by retail specialist Management für Immobilien (Mfi).

Helaba, pbb and consortium leader Deutsche Hypo are each providing one third of the total finance volume of €170 mln.

The shopping centre opened last September and provides 44,000 m2 of usable area, 133 shops and restaurants and 820 parking spaces.

Major tenants include Edeka, Media Markt, H&M, Tayler Moden and Müller Drogerie. The property also comprises 31 apartments.

'The shopping centre impresses above all with its modern design and first-class location in the heart of Leipzig,' explained Andreas Pohl, management board member of Deutsche Hypo, on behalf of the bank consortium.