Hypo RE signals German expansion

Hypo Real Estate Holdings intends to increase its business portfolio considerably to become Germany's major specialist for large-volume financing, ceo Georg Funke told German daily Handelsblatt. He said the real estate financing group will expand its infrastructure and asset-based financing, as well as its asset management and securitisation operations. Funke said he expects his strategy to be effective within the coming three or four years.

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