HSH Nordbank - Bank for entrepreneurs

August 8, 2017

HSH Nordbank finances shopping center portfolio “Christie” for Madison and Redos

HSH Nordbank has successfully refinanced a portfolio of four shopping centers, located in Germany, for a joint venture led by Madison International Realty, in partnership with the Redos Group. The existing loan on the property at the time of the “Christie portfolio” acquisition was assumed by Madison and is now being replaced by HSH Nordbank. The portfolio was acquired near the end of 2016. The loan amount was not disclosed.

July 17, 2017

HSH Nordbank finances office real estate portfolio in western Germany

HSH Nordbank is providing the Cording Real Estate Group (Cording) with finance of € 93 million to purchase a real estate portfolio. Cording is acquiring the portfolio on behalf of a joint venture between Danish fund manager Sparinvest Property Investors and family office Esas Properties from Turkey. The purchase price totals around € 143 million.

July 11, 2017

HSH Nordbank issues public-sector Pfandbrief in the amount of € 500 million

HSH Nordbank is continuing its Pfandbrief strategy with the successful issue of a public-sector Pfandbrief with a three-year term. The benchmark bond is in the amount of EUR 500 million and is backed by loans to the public sector. Rating agency Moody's has given the Pfandbrief a rating of "Aa2".