Tag Archives: Hypo Real Estate

Deutsche Pfandbriefbank to place 75% of share capital via IPO in July

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Deutsche Pfandbriefbank (PBB), the European commercial real estate bank spun out of the State-rescued Hypo Real Estate, has secured approval from the German Financial Markets Stabilisation Agency (FMSA) to return to the private sector through an initial public offering (IPO) … Continue reading

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Deutsche Pfandbriefbank CEO resigns amid DEPFA sale u-turn

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Manuela Better, the chief executive officer of Deutsche Pfandbriefbank (PBB) and Hypo Real Estate Holding AG (HRE), resigned yesterday in the wake of German government intervention blocking the sale of Depfa Bank last month. The government’s financial market stabilisation fund, … Continue reading

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London & Regional appoints AgFe to negotiate £362.45m CMBS debt extension

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London & Regional has appointed AgFe, the real estate advisory and investment firm, to negotiate a consensual restructuring of the property company’s £362.45m maturing securitised debt in four months’ time. AgFe is expected to begin the process of contacting the … Continue reading

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