Postbank expands international real estate finance
Deutsche Postbank AG is seeking to further expand its business in providing finance for commercial real estate, and to boost its growth on international markets in particular. This was highlighted by Stefan Jütte, Board member with responsibility for Credit at the Bonn-based bank, at the “Expo Real” international real estate trade fair in Munich. “We have dual access to the markets outside Germany: firstly, we follow our corporate customers in their business abroad, providing them with support in real estate acquisitions. Thus, we are gradually accessing markets in Eastern Europe and sounding out new business opportunities, for example in Turkey. Secondly, in our London branch and our PB Capital subsidiary in New York, we have successful bases in the key real estate markets of the United Kingdom and North America.”
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