HCOB finances Arrow Global's Düsseldorf condo acquisition

Hamburg Commercial Bank (HCOB) is financing Arrow Global Germany's acquisition of 80 new condominiums in Düsseldorf's maxfrei urban quarter.

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The loan, in the mid double-digit millions, has a 2.5-year term.
The apartments, completed in 2024, range from two to five rooms (50-160 m2) and meet high energy efficiency standards (BEG Efficiency House 55) with features like photovoltaic modules. They are ready for immediate, commission-free sale.
The car-free maxfrei district itself is a 3.3-hectare mixed-use development offering residential, office, and retail spaces, along with green areas. It boasts a central location with excellent transport links and convenient access to essential amenities like supermarkets, schools, and restaurants.
Stefan Hoenen, head of Commercial Real Estate at Hamburg Commercial Bank, said: “We are delighted to have gained Arrow Global as a new customer and to support the group’s expansion in Germany. 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, added: “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.”