Hungry Hypo

Beata Latoszek, the head of Deutsche Hypo’s Polish branch: Having observed the healthy economic conditions in Poland and its substantial potential in terms of commercial real estate, we made the decision to enter the Polish market. We are interested in the financing and refinancing of real estate projects: office buildings, shopping centres, warehouses and hotels. We are able to finance very large projects through ‘underwritings’, i.e. financing the entire project followed by the subsequent sale of part of the loan to other foreign banks that do not have their branches in Poland. The advantage for the client is that they obtain financing from one partner – even if it is a large project they only negotiate with us and we carry out further loan syndication (the division of the loan between other banks). Are you not afraid that you will share the fate of banks that have wanted to finance Polish projects but failed to find their proper place on this market?No we ar