Helaba strengthen its syndication business for real estate loans

16-7-2013 — /europawire.eu/ — Helaba is strengthening its syndication activities in real estate finance with Norbert Kellner who, together with Wolfgang Hild in Frankfurt, has been in charge of syndication and placement for the bank’s real estate finance activities since 1 June.

Kellner has been active in national and international syndication for many years.

In taking this step, Helaba is reacting to growing interest from investors in loans as a type of investment. In particular, the bank is well positioned in European markets which are sought after by insurance companies and funds. In addition, Helaba intends to further develop real estate finance with the savings banks in Germany. The team supporting Hild and Kellner will be shored up.

For Helaba, real estate finance is a core business area. In 2012, the bank achieved a new business volume of more than EUR 7 billion. Assuming transaction volumes in target markets grow again, Helaba envisages reaching a similar level of new business this year.

Wolfgang Kuss
Press Spokesperson
Tel. +49 (0)69 9132 2192
Mobile +49 (0)171 617 7023
Fax +49 (0)69 9132 4335

Ursula-Brita Krueck
Deputy Press Spokesperson
Tel. +49 (0)69 9132 2192
Fax +49 (0)69 9132 4335

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