Media Information
14.12.2018
Changes to DZ HYP’s Management Board
Frank M. Mühlbauer (55) will retire from the Management Board of DZ HYP on 31 December 2018, and will succeed Alexander Boydreff (51) as Chairman of the Management Board of TeamBank, effective 1 April 2019.
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08.10.2018, Commercial real estate markets in Germany continue to benefit from the positive economic conditions.
DZ HYP publishes study “The German Real Estate Market 2018/2019”
Strong demand, combined with a shortage of space, leads to sustained rent increases in the office and residential segments. Only in the retail sector, where prime rents have been stable at a high level since 2015, are no further increases to be expected until the end of 2019. 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.
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Dusseldorf, Cologne, Frankfurt, Stuttgart and Munich.
31.08.2018
DZ HYP publishes half-yearly financial report as at 30 June 2018
Following the merger of DG HYP and WL BANK on 27 July 2018 (with retroactive effect from 1 January 2018), DZ HYP has prepared its first consolidated half-yearly financial report, for the period ending on 30 June 2018. DZ HYP enjoyed stable development during the period under review, regardless of the challenges presented by merger work, a persistent low interest rate environment, and higher regulatory capital requirements.
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10.08.2018
Uwe Fröhlich elected new Chairman of the Supervisory Board of DZ HYP AG
Uwe Fröhlich, General Executive Manager of DZ BANK AG, has assumed the Chair of DZ HYP's Supervisory Board with effect from 1 August 2018. On the 8th of August, Mr Fröhlich chaired the inaugural Supervisory Board meeting of DZ HYP, the institution created from the merger between DG HYP and WL Bank. Mr Fröhlich succeeds Uwe Berghaus, who will continue to serve as a member of DZ HYP's Supervisory Board.
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30.07.2018
Merger to form DZ HYP legally effective
Today marks the successful establishment of DZ HYP as a single unified business: the merger between DG HYP and WL BANK, the two real estate banks within Germany’s cooperative banking sector, was entered into the Commercial Register on schedule: Friday, 27 July 2018. The merger takes place with retroactive effect as at 1 January 2018.
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28.05.2018
Shareholders of WL Bank and DG HYP approve merger to form DZ HYP
DG HYP and WL BANK have achieved a major milestone in their merger project to create a joint real estate bank, DZ HYP: the Annual General Meetings of the two DZ BANK subsidiaries – on 25 May and 28 May 2018 respectively – resolved to approve the merger agreement signed on 20 March 2018.
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21.03.2018
Management Boards of DG HYP and WL Bank sign merger agreement
DG HYP and WL BANK, two real estate banks from the German cooperative banking sector, are expediting their planned merger. The two banks had already expressed their intention to merge in June 2017, when they signed a Memorandum of Understanding. On 20 March 2018, the Management Boards of DG HYP and WL BANK signed the merger agreement, thus achieving another key milestone on the path to the creation of DZ HYP.
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