DHX is a joint venture between NORD/LB, RGK Management GmbH, and Taunus Incubator GmbH. Through this partnership, NORD/LB clients will benefit not only from the bank’s long-standing expertise in financing, but also from the deep knowledge and extensive network of the joint venture partners.
With DHX, NORD/LB is expanding its product offering for institutional investors and creating an additional opportunity for interested investors to participate in subordinated capital and stretched senior debt. Acting solely as an intermediary, DHX connects project companies with the investor side. The initial focus will be on transactions in the field of real assets, particularly in the real estate sector. The establishment of DHX is also in line with NORD/LB’s strategic objective of further strengthening its fee-based business.
By launching DHX, NORD/LB is responding to growing investor demand for subordinated capital, while avoiding the need to place such financings on its own balance sheet. Frank Schrader, Head of Deutsche Hypo – NORD/LB Real Estate Finance, said: “I am delighted that with DHX we are adding another dimension to our product offering. By enabling us to provide debt capital to interested investors via DHX, we will be even better positioned to meet our ambition of offering Deutsche Hypo’s clients comprehensive support.”
About NORD/LB
NORD/LB Norddeutsche Landesbank is one of the leading German commercial banks. The core business segments include business with corporate customers, private and commercial customers including private banking as well structured finance in the energy and infrastructure sector and commercial real estate finance. The bank is headquartered in Hanover, Brunswick and Magdeburg and has branches in Oldenburg, Hamburg, Schwerin, Düsseldorf and Munich. Outside Germany NORD/LB is represented by a Pfandbrief Bank (NORD/LB Covered Bond Bank) in Luxembourg and branches in London and New York.
