Media Information
19.12.2019
Changes to DZ HYP’s Management Board
Dr Carsten Düerkop will retire from the Management Board of DZ HYP at the end of 31 March 2020, and will take up an
appointment as Chairman of the Management Board of VR-Bank Westmünsterland, effective 1 April 2020. Dr Düerkop will be succeeded by Jörg Hermes, currently Senior General Manager of DZ HYP.
appointment as Chairman of the Management Board of VR-Bank Westmünsterland, effective 1 April 2020. Dr Düerkop will be succeeded by Jörg Hermes, currently Senior General Manager of DZ HYP.
02.10.2019
German Real Estate Market 2019/2020: Top locations remain attractive
The German commercial real estate market has maintained its uptrend. So far, the subdued economic outlook has had no real impact on the market – in fact, retail, office and residential segments are being influenced by other factors. High demand for office properties – in conjunction with a scarce supply of space – leads to persistent rent increases. In the residential asset class, increasing completion figures have slowed down price momentum. The retail sector in Germany’s top locations is expected to buck the trend of falling top rents until the end of 2020. These are the results of the latest research report published by DZ HYP, covering developments on the commercial real estate markets of Germany’s top locations: Hamburg, Berlin, Dusseldorf, Cologne, Frankfurt, Stuttgart and Munich.
02.04.2019
DZ HYP publishes 2018 Annual Report
DZ HYP looks back on a successful financial year 2018 – the year of its merger. In an environment characterised by low interest rates, high demand for real estate, and intense competition, the Bank succeeded in expanding its cooperation with clients and partners. The volume of new business in DZ HYP’s Commercial Real Estate Investors, Housing Sector, and Retail Customers/Private Investors divisions totalled €11.0 billion (2017: €10.1 billion). Including public-sector lending, the Bank originated new business of €11.9 billion (2017: €10.9 billion) in 2018.