BF.direkt AG
BF.direkt AG extends mezzanine operations
DGAP-News: BF.direkt AG / Key word(s): Financing/Real Estate BF.direkt AG extends mezzanine operations Stuttgart, 1 October 2015. BF.direkt AG, an independent specialist for commercial real estate financing, will be extending its spectrum of services in the field of alternative investments and will increasingly operate as a co-investor itself within the scope of “mezzanine club deals”. Apart from the ability to “tailor” very individual transactions, the main advantage of the “club deal model” is that investors can make their decisions on a case-by-case basis and therefore take into account the individual risk-return ratio. In the experience of BF.direkt, this is especially appreciated by family offices. BF.direkt focuses predominantly on funding residential development project in Germany and in the German-speaking region (“DACH” countries). Being one of the leading bank-independent financing companies for a long time now, the company has had numerous regular customers who have predominantly been financed in the first-ranking segment by banking partners of BF.direkt. After BF.direkt AG had taken up its activities as an advisor in the fields of real estate equity and mezzanine in 2013, club deal structures with co-investments of BF.direkt have evolved in 2015 and have developed into a new core field of activity. Francesco Fedele, CEO of BF.direkt AG, has the following to say about this trend: “Within the context of our advisory activities, our experience has shown that in addition to those projects that we’re able to realise via our established mezzanine contacts, investment opportunities also exist that cannot be placed there but which we consider attractive nevertheless. On behalf of a regular customer, in such a situation we developed an individual financing solution in the form of a “mezzanine club deal” and implemented it together with closely associated investors. In doing so, we have found a further solution approach to enable BF.direkt to help project developers and construction companies in raising mezzanine capital and, therefore, in line with our “one-stop shopping” approach, in successfully realising their financing.” In order to be able to take care of “club deal prospects” and investors not only in initiating transactions but also in the course of existing commitments, BF.direkt AG plans to extend the range of activities of its subsidiary BF.services GmbH accordingly. In parallel with its past activities, in future BF.services GmbH will provide services in particular for family offices and semi-institutional investors within the scope of “mezzanine club deals”. Francesco Fedele: “On top of our strength in sourcing attractive mezzanine transactions, via our service subsidiary we are now also in a position to represent the interests of investors and to give them advice and proactive support.” Manuel Köppel, CFO of BF.direkt and responsible as Managing Director of BF.services GmbH for relationship management of the mezzanine business, adds: “BF.direkt AG operates on a transaction-oriented basis, a strategy that has proved to be successful especially in business with banks and institutional investors. However, as we predominantly bring our clients in touch with semi-institutional investors and family offices when transacting a “club deal” and since, as a rule, such entities do not have a suitable infrastructure for processing and settlement, we see demand for more extensive services that we plan to cover via BF.services GmbH in future.” The business with “mezzanine club deals” is to be continually expanded at BF.direkt and BF.services in the coming years. This refers both to transactions in terms of their number and volume and to the circle of investors. About BF.direkt The company BF.direkt AG is an independent specialist for financing residential and commercial real-estate projects. As one of the leading financing consultants, it develops innovative financing strategies and finds suitable financing partners in this field. In the process, the clients of BF.direkt stand to benefit from the company’s numerous connections with big, special and private banks, with capital market service providers, insurers and specialised funds as well as with investment companies for borrowed funding, mezzanine and equity capital. Contacts BF.direkt AG BF.direkt PR liaison ——————————————————- BF.direkt AG 2015-10-01 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
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