Aareal Bank participates in property investment platform BrickVest

Aareal Bank participates in property investment platform BrickVest

Published at: 2018-10-09 10:08 | Author: CIJ Europe
Aareal Bank Group continues to advance its digitalisation initiative and intends to participate in BrickVest, one of the leading European online platforms for commercial property investments. The planned acquisition of a non-controlling interest is anchored in a framework agreement and is subject to the final due diligence and documentation. Both parties have agreed not to disclose the conditions of the planned transaction. BrickVest is the only online platform in the European property sector that is fully regulated by the financial supervisory authorities. With its platform, the company aims at addressing the entire range from equity to mezzanine to senior financings in an easy and cost-efficient way. Aareal Bank is already the second German bank to commit to BrickVest.

Similar Stories:

Czechs consider implementing bank tax
Czech Social Democrats (CSSD) think the Czech Republic should join the list of Central Eur  »
EIB to provide €22m for local development in Serbia
The Serbian government and the European Investment Bank have signed a contract for a €22  »
Penta profits hit record €288m
Czech Republic  ♦  Penta profits hit record €288m
Penta Investments saw its profits rise by 22 percent last year to a record €288m, with  »
Globalworth portfolio value reaches €2.5bn 1
The value of Globalworth’s property portfolio rose 36 percent in 2018 compared to 2017,  »
CIJ: Why is the financial crisis from the last decade still relevant today? The echoes ar   »
One of the long-standing paradoxes of Slovakia’s property market has long how difficult   »
The future is not out of our hands. Indeed, the main purpose of organised real estate is t   »
Lower prices means lower costs for manufacturers and carriers, and thus reduced product pr   »