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Landesbanken’s Real Estate Risk Assessment has reached €300 million

Landesbanken’s Real Estate Risk Assessment has reached €300 million

Germany’s big four Landesbanken have entered the half-year of 2024 and have raised €300 million in risk insurance for projected real estate investments, according to Bloomberg analysis. This is a four-fold decline in the Vorjahreszeitraum. If you can find a lighter company on the market, there may be a real estate price that is being paid and the credit terms are being increased.

Believe that the Vorsorge at BayernLB, LBBW, Helaba and NordLB for the affected segment stand at 311 million euros, compared to 429 million euros in the first month of 2023. Up to the NordLB goes at all banks a backbone, which goes further Helaba is under German ausfiel. It is a fact that the credit volumes have sunk in Halbjahr, but in a relatively small number of cases.