Corporate Profile - WestImmo
WestImmo in Brief
Westdeutsche ImmobilienBank AG (WestImmo) is the Centre of Competence for commercial real estate financing and structured real estate transactions in the WestLB Group. It is one of the leading real estate financiers in Germany and maintains a strong presence in the western, central and eastern European markets as well as in North America and Asia.
WestImmo prides itself on its customer focus, reliability, flexibility and lean structures. Our decisions are based on extensive knowledge of markets and products; we attach great importance to country-specific expertise and comprehensive research.
Our customers include institutional investors, global developers, property companies, real estate corporates and medium-sized enterprises. We finance office, commercial and residential property as well as shopping centres, hotels, logistics facilities and public buildings.
In addition to financing at property, project or portfolio level, we also offer customers a full spectrum of additional products such as real estate joint ventures, syndications and interest and exchange derivatives.
Collaboration with the savings banks in commercial real estate financing has a high priority for us. We complement the products offered by our association partners and improve the ability of savings banks to finance even large-scale projects.
As an issuer of Pfandbriefe and bonds, WestImmo stands for stability and reliability. Our Pfandbrief have been given the top AAA score by ratings agency Standard & Poor’s (S&P).
WestImmo is a fully-owned subsidiary of WestLB AG. In addition to the headquarters in Mainz, the company also has offices in Berlin, Düsseldorf, Hamburg, Munich and Münster and is represented in London, Madrid, New York, Paris, Prague, Tokyo and Warsaw.
WestImmo is supervised by the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin – Federal Financial Supervisory Authority) and is affiliated to the Sicherungsreserve (Guarantee Fund) for the Landesbanken/Girozentralen (state banks/central giro institutions) in the Deutscher Sparkassen- und Giroverband e.V. (German Giro and Savings Banks Association) and the Reservefonds (Reserve Fund) of the Rheinischer Sparkassen- und Giroverband (RSGV) (Savings Banks and Giro Association of the Rhineland) and the Westfälisch-Lippischer Sparkassen- und Giroverband (WLSGV) (Savings Banks and Giro Association of the Westphalia-Lippe).