Hamburg Commercial Bank finances residential portfolio acquisition in Düsseldorf for Arrow Global
HAMBURG/GERMANY – Hamburg Commercial Bank AG (HCOB) is providing Arrow Global Germany with a loan in the mid double-digit million euro range for the purchase of 80 condominiums in the maxfrei urban quarter in Düsseldorf-Derendorf. The term of the loan agreement is 2.5 years.
maxfrei © Oliver-Schuh-Palladium-Photodesign
The residential portfolio comprises two- to five-room flats with living spaces ranging from 50 to 160 square metres, which were completed in 2024. The buildings comply with the ‘BEG Efficiency House 55 standard’ and feature photovoltaic modules and rainwater retention on the roofs. The apartments are ready for occupancy and available for sale commission-free.
Spanning 3.3 hectares, the car-free maxfrei district offers a blend of residential, office and retail spaces, complemented by ample green areas and open spaces. Supermarkets, schools, daycare centers, a hospital and a wide range of restaurants are located in the immediate vicinity. The district is characterised by its central location and excellent transport links.
“We are delighted to have gained Arrow Global as a new customer and to support the group’s expansion in Germany,” said Stefan Hoenen, Head of Commercial Real Estate at Hamburg Commercial Bank. “The sustainable approach taken in the construction of the entire maxfrei district has made an important contribution to the energy transition, which we are happy to support
with our financing.
”Bernhard H. Hansen, CEO Arrow Global Germany, said: “Germany is one of the most attractive residential real estate markets in Europe, where we intend to continue growing. Hamburg Commercial Bank completely convinced us with its expertise and speed in structuring this financing, and we look forward to continuing our good cooperation.”
About Hamburg Commercial Bank
Hamburg Commercial Bank AG (HCOB) is a private commercial bank headquartered in Hamburg, Germany, that provides customized financing solutions for German and international companies. HCOB has a strong position in structured real estate and project finance and is a reliable financing partner for the shipping sector. Efficient and secure payment transaction services as well as innovative products for foreign trade complete the range of services. The bank is guided by established ESG criteria and operates from several locations in Germany as well as in Amsterdam, London, Luxembourg and Piraeus. For more information, please visit www.hcob-bank.com.
About Arrow Global Germany
Arrow Global Germany GmbH is the first German platform of the British Arrow Global Group – one of Europe’s leading asset and investment managers specialising in credit and real estate. With around 60 employees based in Ratingen, Leverkusen and Berlin, Arrow Germany combines expertise in project development, redevelopment, service development and asset management. Its goal is to realign real
estate projects strategically and enhance their long-term value.
Founded in 2005, the Arrow Global Group brings together deep expertise in investment, servicing and asset management across its platforms. Today, the group manages assets of more than €112 billion and
operates in eight European countries, including the United Kingdom, Ireland, Portugal, Italy, the Netherlands, France, Germany and Spain.
The information contained in this press release does not constitute an offer for the sale of any type of Hamburg Commercial Bank AG securities. Securities of Hamburg Commercial Bank AG may not be sold in the United States without registration pursuant to US securities legislation, unless such a sale takes place on the basis of relevant exceptional provisions.
This press information can contain forward-looking statements. These statements are based on our beliefs and assumptions, on information currently available to us which we consider reliable. Forward-looking statements include all statements which are not historical facts, including information concerning future growth prospects and future economic developments.
Such forward-looking statements are based on assumptions relating to future events and are subject to uncertainties, risks and other factors, a large number we cannot influence. Thus actual events can differ considerably from the forward-looking statements made. We make no warranty for the correctness or completeness of these statements or the actual occurrence of the statements made. Furthermore, we assume no obligation for updating the forward-looking statements after this information has been published.