BF.direkt AG
BF.direkt AG: BF.direkt AG structures 2014/15 financing transactions with a volume of over EUR 1 billion
DGAP-News: BF.direkt AG / Key word(s): Real Estate/Financing BF.direkt AG structures 2014/15 financing transactions with a volume of over EUR 1 billion – Leading advisor for commercial real estate financing plans further expansion – Ongoing extension of network and product range planned – Equity capital ratio up by 10%, to reach 59.5% Stuttgart, 15 December 2015. BF.direkt AG, one of the leading advisors for commercial real estate financing in Germany, saw a successful close to its 2014/2015 financial year. For instance, the structured financing volume in the past 2014/15 financial year almost doubled year-on-year, to reach EUR 1.01 billon (2013/14: EUR 0.51 billion). While major transactions in 2015 in the field of portfolio financing contributed to this substantial increase in particular, the transaction and financing volume supported by BF.direkt in the areas of Development and Alternative Financing (e. g. mezzanine) also saw an encouraging performance. The total volume of transactions supported by BF.direkt rose sharply by almost 67%, to EUR 1.55 billion (2013/14: EUR 0.93 billion). The positive business trend is also reflected in the balance sheet of BF.direkt AG; the equity capital ratio of the financing specialist based in Stuttgart increased by 10% for instance, to 59.5% (previous year: 49.4%). “Fiscal 2014/15 was very challenging in terms of the workload but a successful year on the whole. With a financing volume of over EUR 1 billion, we reached a new dimension within the scope of our expansion strategy. What is much more important to us than sheer volume is the level of customer satisfaction and the range of products and services. In this context, we plan to continue relying on our structuring expertise in the future, both in the area of classical real estate financing via banks and alternative financing transactions. In the past financial year we therefore reinforced our personnel-related expertise in a targeted fashion, and we also plan to expand our regional presence in 2016,” says Francesco Fedele, CEO and shareholder of BF.direkt AG, satisfied with his company’s success story. In the 2014/15 financial year, BF.direkt managed to expand its customer base and financing services on offer. The mezzanine business was extended in the current year, accompanied by a corresponding increase in the range of activities of the subsidiary BF.services. This provides semi-institutional investors and family offices with a new service for holdings in Mezzanine Club Deals. BF.direkt perceives optimisation potential with mezzanine financing especially for project developers and building contractors. In addition to subordinate forms of financing, BF.direkt recently managed to implement an alternative financing solution in the prime segment by arranging loan note for institutional investors. Moreover, BF.direkt AG goes the extra mile, beyond actual business transacted. For instance, the company has assumed the publication of the quarterly barometer on lending practices of commercial property financers and has already supported the German Debt Study, a comprehensive study of the IREBS (International Real Estate Business School) on the financing market in Germany for the second year in succession. “As consultants in the field of real estate financing, transparency really matters to us and our clients. This is why we also operate in the field of research and market analysis,” explains Fedele. About BF.direkt BF.direkt AG is an independent specialist for financing residential and commercial real-estate projects. As one of the leading real estate finance advisors, the company 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 numerous connections with big, special and private banks, capital market services providers, insurers and specialised funds as well as with investment companies for borrowed funding, mezzanine and equity capital. Contacts BF.direkt BF.direkt PR-Kontakt ——————————————————- BF.direkt AG
2015-12-15 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |