HCOB finances Düsseldorf resi portfolio deal by Arrow Global

Hamburg Commercial Bank is providing Arrow Global Group with a mid-double-digit million euro loan. This will finance the purchase of 80 newly built apartments in the car-free Maxfrei urban quarter in Düsseldorf-Derendorf. The loan has a term of only 2.5 years, as the apartments are for sale.

The residential portfolio comprises two- to five-room flats with living spaces ranging from 50 to 160 square metres, which were completed in 2024. The buildings comply with the ‘BEG Efficiency House 55 standard’ and feature photovoltaic modules and rainwater retention on the roofs. The apartments are ready for occupancy and available for sale commission-free.

Spanning 3.3 hectares, the car-free maxfrei district offers a blend of residential, office and retail spaces, complemented by ample green areas and open spaces. Supermarkets, schools, daycare centers, a hospital and a wide range of restaurants are located in the immediate vicinity. The district is characterised by its central location and excellent transport links.

“We are delighted to have gained Arrow Global as a new customer and to support the group's expansion in Germany,” said Stefan Hoenen, Head of Commercial Real Estate at Hamburg Commercial Bank. “The sustainable approach taken in the construction of the entire maxfrei district has made an important contribution to the energy transition, which we are happy to support with our financing.”

Bernhard H. Hansen, CEO Arrow Global Germany, said: “Germany is one of the most attractive residential real estate markets in Europe, where we intend to continue growing. Hamburg Commercial Bank completely convinced us with its expertise and speed in structuring this financing, and we look forward to continuing our good cooperation.”