Helaba is financing the development of two new buildings in Noisy-le-Grand, near Paris, with a loan of EUR 85,6 million. The project is owned by CB Richard Ellis Strategic Partners Europe Fund III (SPE III), a pan European fund managed by CBRE Investors.
» moreOn January 1, 2010, Jürgen Florack took up his new task as Head of Marketing/Acquisition for Helaba Invest. Florack brings more than 15 years of experience in the field of asset management. For the last nine years he worked at UBS Global Asset Management, finally as Head of International Sales. Florack studied business administration in Germany and the USA and is CFA charterholder. » more
Helaba has arranged a Shariah compliant investment facility of £19.71Mio for the UK headquarters of Procter and Gamble in Weybridge, Surrey. The property comprises 109,290 sqft of Grade A office accommodation and conference facilities. Constructed in 1995 it is located in one of the most prominent office parks in the South East of England.
» moreFitch’s current credit analysis for S-Finanzgruppe Hesse-Thuringia fully affirms Helaba’s ratings and gives a further stable outlook. » PDF, 42 KB
Dr. Detlef Hosemann has become a member of the Board of Managing Directors. The 41-year-old D. Phil. in mathematics takes over responsibility as CFO of the bank. He will therefore be responsible for the divisions Accounting and Taxes, Credit Risk and Group Controlling, Risk Controlling Treasury as well as Organization and IT. » more
The Supervisory Board and the Owner’s Assembly of Helaba Landesbank Hessen-Thüringen have appointed Johann Berger as Vice-Chairman of Helaba’s Board Managing Directors. The 49-year-old has been a member of the Helaba Board since October 1, 2007. » more
Moody's Investors Service today placed on a review for possible downgrade the bank financial strength ratings and long- term debt and deposit ratings of three German banks and associations. Helaba's ratings were fully confirmed. » PDF, 65 KB
Helaba Landesbank Hessen-Thüringen has considerably improved its IFRS Group result in the first nine months of 2009. Group pre-tax profit amounted to EUR 352 million, compared with EUR 64 million in the same period of the previous year. » more
Germany is currently experiencing the snowiest winter in thirty years, and the mood in the financial markets also points more to an ice age than a global warming. How icy are the times actually, and with all the snow drifts and concerns about Greece, are the markets not perhaps overlooking the cyclical upward forces that are currently manifesting themselves?
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