Regional German financiers including Helaba, Berlin Hyp and WestImmo have all boosted their lending volume in the past year in the face of tighter financing conditions across Europe. This is one of the key conclusions of the annual PropertyEU ranking of Top Financiers in Europe published in PropertyEU Magazine this week.
Regional German financiers including Helaba, Berlin Hyp and WestImmo have all boosted their lending volume in the past year in the face of tighter financing conditions across Europe. This is one of the key conclusions of the annual PropertyEU ranking of Top Financiers in Europe published in PropertyEU Magazine this week.
According to this year’s ranking of top financiers, Helaba boosted its lending portfolio in 2008 from EUR 27.2 to EUR 29.9 bn. Westimmo saw its lending portfolio slip slightly in 2008, but has since booked an increase. In the first half to end June, it extended loans totalling EUR 3.1 bn, 3% more than last year. At end-June, the lending portfolio stood at EUR 12 bn, up from EUR 11.2 bn at end 2008.
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