A 60% share in Norddeutsche Wohnbau GmbH has been sold to Hannoversche Volksbank

S & S Immobilien Holding GmbH has sold its 60% stake in Norddeutsche Wohnbau GmbH to Hannoversche Volksbank eG.

Norddeutsche Wohnbau was established in 2016 and today operates as a successful German developer for residential and mixed use residential and commercial building projects. With its own architectural subsidiary, the company provides comprehensive services for its own projects and to the market. Norddeutsche Wohnbau develops projects in northern Germany and is based in Hannover.

Hannoversche Volksbank eG is a cooperative bank based in Hanover. With total assets of approximately US$7.7 billion, it is the largest Volksbank in northern Germany. It is a reliable partner for financing medium-sized companies and projects in the real estate sector. The bank’s business territory covers the city and large parts of the Hanover region as well as the city of Celle and the Hildesheimer Börde region. The bank is owned by 124,000 members of the cooperative.

Oaklins’ team in Germany acted as the exclusive financial advisor for the sellers in this transaction.

Uppdrag

Företagsförsäljning

Parter

“We are pleased that in Hannoversche Volksbank we have found a partner for our subsidiary that, with its many years of extensive expertise in this area, will contribute to the stable continuation and growth of Norddeutsche Wohnbau GmbH.”

Heiko Schramm and Christian Schoen

Shareholders and Managing Directors, S & S Immobilien Holding GmbH

Prata med transaktionsteamet

Dr. Lutz Becker

Associate Partner

Hamburg, Tyskland
Oaklins Germany

Se profil Kontakta oss

Christoph Rummelt

Director

Hamburg, Tyskland
Oaklins Germany

Se profil Kontakta oss

Felix Daetz

Senior Associate

Hamburg, Tyskland
Oaklins Germany

Se profil Kontakta oss

Relaterade transaktioner

All Glass & Windows has been recapitalized by Cross Rapids Capital

Riskkapital | Bygg- & tekniktjänster

All Glass & Windows has been recapitalized by Cross Rapids Capital

Prospect Partners has sold All Glass & Windows (AGW) to Cross Rapids Capital.

Lär dig mer

Transcon Developers Private Limited has raised structured debt finance

Fastigheter

Transcon Developers Private Limited has raised structured debt finance

The transaction is a landmark resolution in the distressed real estate sector, involving a structured solution of US$64.6 million (INR5.5 billion) for a leading real estate developer in the Mumbai Metropolitan Region (MMR). The transaction was backed by a global special situations investor. The project had a total debt carrying value of approximately US$76.3 million (INR650 crore), of which US$29.4 million (INR250 crore) was deemed unsustainable.

Lär dig mer

HC Partners has successfully secured debt financing for the acquisition of West Friesland Dakbedekkingen

Riskkapital | Bygg- & tekniktjänster

HC Partners has successfully secured debt financing for the acquisition of West Friesland Dakbedekkingen

Dutch private equity firm HC Partners has formed a strategic partnership with West Friesland Dakbedekkingen B.V. (WFD). This marks HC Partners’ entry into the roofing sector, with plans to build a national platform of regional roofing specialists.

Lär dig mer