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.

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