German property financier Deutsche Hypo said it approved some EUR 431 mln in new real estate loans in the first half of 2009, down 59% on the comparable 2008 level as the bank rolled back its lending business abroad, notably in the US and UK. The bank’s overall real estate finance portfolio increased by EUR 542 mln (+6.1%) to EUR 9.4 bn.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
