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2011

• 15/12/2011

  Apollo Offer Does Not Permit Sale of WestImmo

  # Sale cannot be justified in economic terms # Transaction and extended liability risks untenable for WestLB and its owners ... More: Apollo Offer Does Not Permit Sale of WestImmo

• 29/08/2011

  WestImmo increases its consolidated profit for the period to EUR 44.6 million

  Consolidated profit for the period at EUR 44.6 million - an increase of 80 % compared with the previous year - Net interest income after allowance for losses on loans and advances grows to EUR 107.4 million - New business volume has decreased considerably due to the ongoing selling process ... More: WestImmo increases its consolidated profit for the period to EUR 44.6 million

• 20/07/2011

  WestLB to continue discussions on WestImmo sale exclusively with Apollo

  WestLB AG, Düsseldorf, is to continue the ongoing discussions on the sale of Westdeutsche ImmobilienBank AG, Mainz, its commercial real estate financing subsidiary, exclusively with affiliates of Apollo Global Management (NSYE: APO)... More: WestLB to continue discussions on WestImmo sale exclusively with Apollo

• 05/04/2011

  WestImmo closes 2010 financial year with sharp rise in earnings

  Pre-tax earnings and consolidated net income up 17% and 14% respectively - Net interest income around €239m - New business volume at €3.3bn - Strategic objectives achieved... More: WestImmo closes 2010 financial year with sharp rise in earnings

• 02/03/2011

  WestImmo finances A-Class Office Building "Avatar" in Krakow, Poland

  Westdeutsche ImmobilienBank AG (WestImmo) is pleased to announce that it has provided AZORA with a € 21.6 million investment financing for the A-Class Office Building... More: WestImmo finances A-Class Office Building "Avatar" in Krakow, Poland