Mall of Berlin: Record CRE deal

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 Deutsche Hypothekenbank (Deutsche Hypo), Bayerische Versorgungskammer (BVK) and BNP Paribas REIM (BNPP REIM) have joined forces to finance the construction of Europe’s biggest urban shopping centre at Leipziger Platz in Berlin with €600m.

The deal concludes the long-term financing of the Shopping Centre “Mall of Berlin”, a joint venture by High Gain House Investments and Arab Investments / London.

The combined volume of the10 year financing project amounts to €600m with BVK covering €450m, Deutsche Hypo €80m and BNPP REIM €70m. According to BNPP REIM, it is the largest commercial real estate (CRE) investment financed by non-banking institutions in Germany and one of the biggest financing volumes of institutional investments in Germany.

Hamburg

InvestmentEurope is delighted to announce the Autumn Pan-European Fund Selector Summit , to be held on 15-17 October, 2014 in Hamburg

Click here for further details: http:// http://www.investmenteurope.net/events/

 

 

ABOUT THE AUTHOR
Mona Dohle
Mona Dohle speaks German and Dutch, she is DACH & Benelux Correspondent for InvestmentEurope. Prior to that, she worked as a journalist in Egypt and Palestine. She started her career as a journalist working for a local German newspaper. Mona graduated with an MSc in Development Studies from SOAS and has completed the CISI Certificate in International Wealth and Investment Management.

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