Investment ready to restart

Small talk
On the eve of MIPIM, Georg Blaschke, the CEE and Benelux head of real estate finance of Helaba, gives us his take on the state of the investment market in our region
How has the last year been for Helaba in terms of results? Georg Blaschke, head of real estate finance, CEE and Benelux, Helaba: 2025 was another successful year for Helaba, as we expect pre-tax profit to be only slightly below the record level of 2024 despite the challenging economic and geopolitical environment. The bank’s strategic focus on diversification and stability has once again proven effective, with all key performance indicators remaining within target. The real estate finance division, in which we operate in Europe, the UK and the US, once again made a significant contribution. We were very active in Poland and the Czech Republic in our main asset classes of office, retail, logistics and PRS, supporting our clients with investment and development loans. We also expanded our asset finance activities to data centres and wind farms, including on the Polish Baltic coast. The real estate investment market has been on the quiet side lately. Have you been mainly involved w
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