Eurohypo AG, created from the merger of three large German mortgage banks,
Deutsche Hyp, Eurohypo and Rheinhyp earlier this year, is set to make a big
splash in the Polish real estate market. Marcus Leininger, Head of the bank's
Central European Property Lending Authority, explains in an interview with
Eurobuild, what its new unified strength means for this, the biggest pre-EU
accession market in his brief.
What are your specific plans for Poland?
Poland is one of five target markets in Europe where we are expanding our
business. We want to focus on larger projects, which are predominantly located
in Warsaw, though we are also looking at other cities, such as in the Silesian
region, Poznan and Tri-City. Because the bulk of the office stock is in the
capital, most of our business in this sector will take place in Warsaw but with
retail it is different and we see the opportunity to finance projects throughout
the country. With hotels, we are a little bit cautious b