CATEGORY
Financing Provider of the Year, CEE
We focus on our customers. With funding solutions tailored to meet the individual needs, pbb offers optimal funding solutions for professional national and international real estate clients as well as the public sector. Our customers benefit from regional origination teams and locally based specialists with a knowledge and understanding of the specific region. Among the markets in CEE the bank focuses in real estate financing on Poland, the Czech Republic, Hungary, Slovakia and Romania.
Name of company
pbb Deutsche Pfandbriefbank
Department head or senior representative in CEE, real estate
Dieter Knittel
Department head or senior representative profile
Dieter Knittel is Head of International Real Estate Finance for Central and Eastern Europe at pbb Deutsche Pfandbriefbank. Dieter is responsible for the bank’s lending portfolio in the region. The regional focus is on Poland, Czech Republic, Slovakia, Hungary and Romania. Dieter has been active in the CEE market for more than twenty years, including five years based in Warsaw as Head of Credit and Senior Risk Management.
Short description of the company, including which sectors you operate in CEE
pbb Deutsche Pfandbriefbank (www.pfandbriefbank.com) is a leading specialist lender for financing commercial real estate and public investments in Europe and the United States of America. pbb is a major issuer of Pfandbriefe, which makes it also an important player in the European covered bond markets overall. pbb is listed on the Frankfurt Stock Exchange. In real estate finance, the bank’s primary target of new business is professional real estate investors and developers. Core asset classes financed include office, retail, residential, logistics/warehouse properties and hotels. The regional focus is on Germany, the UK, France, the Nordic Countries, selected countries in Central and Eastern Europe and Spain. pbb is also active in selected regions in the US.
Portfolio of credit transactions in CEE region (betweeen October 2020 and June 2022)
Noteworthy transactions Oct 2020 - June 2022 in the CEE markets are the following: • GreenOak Europe Core Plus Logistics, Logistics Portfolio in Poland, € 90 mn, Investment & VAT Loan • GalCap Europe, Office Portfolio in Warsaw & Budapest, 66.5 mn, Investment Loan • Ares & Sunrise Estate, Logistics Portfolio Poland, € 115 mn, Investment Loan • Crestyl Group, Dock in Office Park Prague, € 130 mn, Investment Loan, pbb as Join Lead Arranger, Facility & Security Agent • CTP, Two prime logistics and industrial property parks, Czech Republic, € 78 mn, Investment Loan, pbb as participant • GLP, CEE Logistics portfolio, € 510 mn, Investment Loan, pbb as Security Agent and Participant
Value of transactions in the real estate market in CEE region (between October 2020 and June 2022, in EUR)
./.
Value of credit and refinancing for shopping centres in CEE region (between October 2020 and June 2022, in EUR)
./.
Value of credit and refinancing for offices in CEE region (between October 2020 and June 2022, in EUR)
./.
Value of credit and refinancing for warehouses in CEE region (between October 2020 and June 2022, in EUR)
./.
Company website
www.pfandbriefbank.com