Westend Bank expands into institutional real estate with takeover of ABN AMRO REIM

Westend Real Assets is taking over the real estate investment management business formerly known as HAL REIM from ABN AMRO, marking Westend Bank’s entry into the institutional real estate investment market. 

Thomas Rosenfeld, Westend Real Assets GmbH

The transaction will see established structures, personnel and existing mandates transfer to the new company, while the new ownership creates scope to expand its specialised real estate and investment capabilities over the long term and strengthen its position among institutional investors.

Westend Bank, headquartered in Frankfurt and wholly owned by the Hopp family, operates a Beyond Banking model that combines tailored financing solutions with exclusive family office services for high‑net‑worth families, family offices, corporates and institutional investors. With Westend Real Assets, the platform will be further developed to provide institutional investors with access to a broader range of real asset investment solutions.

Thomas Rosenfeld, spokesman of the management board of Westend Bank, said the acquisition represents a strategic step with a long‑term perspective. He noted that Westend Real Assets gains an experienced team with extensive real estate and capital markets expertise and a clear institutional positioning, and that the platform will be further developed to offer attractive real asset solutions to institutional investors and entrepreneurial families.

Patrick Brinker, Chairman of the executive management of Westend Real Assets GmbH, emphasised the focus on stability, reliability and continuity for investors, clients and partners. He said the financially strong, long‑term oriented shareholder will enable the company to deliver on these objectives, with proven investment and governance structures remaining in place. The new ownership structure also opens additional growth opportunities, including in the residential segment.

The Westend Real Assets team has long‑standing experience in institutional real estate investment, with a focus on future‑oriented asset classes and specialised strategies such as food‑anchored retail properties, outpatient healthcare assets and data centres. The company already serves more than 30 institutional investors across German‑speaking markets and manages €725 million in assets under management across five special funds.