Helaba Invest: First special fund with access to Helaba’s real estate finance portfolio

HI-Immo­bilien-Kredit-Fonds I invests in a broadly diver­sified portfolio of mortgage-backed, un­securi­tised loan receiv­ables that were originated solely by Helaba. The invest­ment strategy is focused on Europe, with particular emphasis on Germany. Furthermore, the fund strives to achieve a wide­ranging diversi­fication across different sectors and usage types. The intention is that the loans will be held until their respective final maturity dates. No new invest­ments are planned after repayment. For the savings banks as investors, the portfolio thus remains predictable over the entire duration of the fund. The loans are selected by Helaba Invest's portfolio management team.

"In an environ­ment of permanently low interest rates, the credit fund will enable the savings banks to further diversify their own invest­ments and at the same time achieve an attractive return," says Uwe Trautmann, Chairman of Helaba Invest's Management Board. "They benefit from Helaba's expertise and market access as the leading bank in commercial real estate finance."

"With the launch of the real estate credit fund, we are respon­ding to the wishes of many Sparkassen to participate in Helaba's loan portfolio," explains Nobert Kellner, Head of Debt Capital Markets and Sales Management RE at Helaba. Access by means of a fund solution enables a broader diversi­fication of loans. In addition, the real estate loan fund opens up another funding channel for Helaba. The fund therefore ideally com­plements the existing syndication platform through which savings banks can already invest in individual real estate transactions.

The final closing is scheduled for the end of October/beginning of November.