Press Releases 2018


Press release

Energy Efficient Mortgages: A greener future for Europe

03.12.2018 -

 The Energy Efficient Mortgages (EEM) Initiative is, today, unveiling its definition of an energy efficient mortgage which is the result of extensive cross-sectoral, market consultation of the lending institutions piloting the energy efficient mortgage framework and of the EEM Advisory Council.

Today’s announcement coincides with the start of the United Nations Climate Change Conference - COP24 -  taking place in Katowice, Poland until 14 December.

Press release

MünchenerHyp arranges acquisition finance of Zalando Campus in Berlin

15.11.2018 -

Münchener Hypothekenbank eG (MünchenerHyp) is providing a long-term loan of € 143.4 million to finance the acquisition of the new Zalando Campus in Berlin-Friedrichshain.

The bank is acting as sole underwriter, lender and agent for a Luxembourg-based specialised investment fund in real estate aimed at institutional investors. Acting as investment and asset manager for the buyer is Hines, a real estate investment company with international operations.

Press release

MünchenerHyp issues first ecological ESG Pfandbrief, attracting strong investor demand

07.11.2018 -

Münchener Hypothekenbank eG (MünchenerHyp) has broken new ground with the successful issue of its first ecological ESG Pfandbrief.

This makes it the first issuer to issue ESG Pfandbriefe on the basis of both social and ecological sustainability criteria.

The benchmark issue of €500 million attracted strong demand from investors, with the order book closing at over €900 million. Around 40% of the issue volume was subscribed by investors specialising in green and sustainable investments.

Press release

MünchenerHyp financing Gallileo, a Grade A office building in Frankfurt

18.10.2018 -

Münchener Hypothekenbank eG (MünchenerHyp) is providing a long- term loan of € 140 million to finance the purchase of the Gallileo, a Grade A office building in Frankfurt am Main.

The Bank is acting as the sole underwriter, lender und agent for CapitaLand, one of biggest property firms in Asia and their Singapore-based REIT, CapitaLand Commercial Trust

Gallileo is one of the landmarks of Frankfurt’s business district. The building’s 40,500 square metres of office space are largely let on a long-term basis.

Press release

MünchenerHyp receives top grade for sustainability – ISS-oekom raises Bank’s rating to B-

10.10.2018 -

Münchener Hypothekenbank eG (MünchenerHyp) is rated internationally as one of the Pfandbrief banks that operates in a particularly sustainable manner.

In its most recent rating report ISS-oekom raised MünchenerHyp’s sustainability rating from C+ to B-. This upgrade means that the cooperative property financer is once again one of the top three rated institutions in the category “Financials/Mortgage & Public Sector Finance”. In addition, the rating agency also confirmed MünchenerHyp’s “Prime Status”.

Press release

MünchenerHyp’s earnings power strengthens further in first half of 2018

23.08.2018 -

Münchener Hypothekenbank eG was able to further expand its earnings in the first half of 2018. .

Net interest income increased by 11 percent over the same year-ago figure to € 138.1 million. The figure recorded for net interest income and net commission income improved by 19 percent to € 102.8 million following a slight decline in commission expenses.

Press release

Dr. Holger Horn appointed to MünchenerHyp’s Board of Management

07.08.2018 -

The Supervisory Board of Münchener Hypothekenbank eG has resolved to appoint Dr. Holger Horn (born in 1974) as a member of MünchenerHyp’s Board of Management.

The appointment is subject to approval by banking supervision authorities. Plans call for Dr. Horn to begin his duties in Munich on 1 January 2019. He replaces Bernhard Heinlein (born in 1956) on the Board of Management, who will retire.

Press release

MünchenerHyp’s benchmark Mortgage Pfandbrief very well received by international investors

04.07.2018 -

Münchener Hypothekenbank’s latest benchmark Mortgage Pfandbrief met exceptionally broad investor interest in the market.
International investors subscribed to about 40 percent of the € 500 million euro issue.

Interest from classical Pfandbrief investors like insurance companies and asset managers was also very high.

Press release

MünchenerHyp finances for Deutsche Investment the acquisition of a € 136 million residential portfolio in Hamburg

16.05.2018 -

Münchener Hypothekenbank eG (MünchenerHyp) is providing acquisition finance to “Deutsche Investment - Wohnen IV”, an open-ended real estate special fund managed by Deutsche Investment Kapitalverwaltungsgesellschaft, for the acquisition of 13 residential and commercial properties in Hamburg.

Press release

MünchenerHyp’s new property financing business exceeds € 5 billion for the first time

16.04.2018 -

Münchener Hypothekenbank eG set a new record for property financing in its 2017 business year.

The Bank’s new mortgage finance business exceeded the € 5 billion euro mark for the first time and totalled € 5.1 billion. “Our new business results again benefited from the unbroken favourable situation in the property markets. This allowed us to further strengthen our market position as planned,” said Dr. Louis Hagen, Chairman of the Münchener Hypothekenbank’s Board of Management.

Press release

MünchenerHyp underwrites Monument Building loan

11.04.2018 -

Münchener Hypothekenbank eG has financed the Monument Building, located at 11 Monument Street in London.

The bank was mandated by the Global Real Estate group of Credit Suisse Asset Management to provide the financing for an investment vehicle limited to Swiss investors.

MünchenerHyp acts as sole underwriter for the financing at the end of 2017. The loan-to-value ratio of the financing is 57 percent. Almost half of the loan was syndicated to LBBW with MünchenerHyp acting as the agent for this transaction.

Press release

MünchenerHyp hires Thomas Völker to lead the commercial real estate financing activities for international clients

09.01.2018 -

Münchener Hypothekenbank eG has hired Thomas Völker as head of commercial real estate international clients.

In his new role at MünchenerHyp he started January 1, 2018. He will be responsible for the expansion of the German lending business with non-German clients. Furthermore, he will be responsible for the commercial lending business with non-German clients in the Bank’s international target markets UK, France, Spain and Benelux as well as expansion into other European real estate markets.