Berlin Hyp

Last updated
Berlin Hyp AG
Type Corporation
Industry Mortgage bank
PredecessorBerliner Hypothekenbankverein
Brandenburgische Provinzialbank und Girozentrale
Kur- und Neumärkische Ritterschaftliche Darlehns-Kasse
Preussische Zentralstadtschaft
Stadtschaft der Mark Brandenburg
Prussian State bank   OOjs UI icon edit-ltr-progressive.svg
Founded1868
Headquarters Berlin, Germany [1]
Total assets €27.178 billion (2018) [2]
Number of employees
596 (2018) [2]
Parent Landesbank Berlin
Website www.berlinhyp.de
Headquarters of the Berlin Hyp in Budapester Str. 1, 10787 Berlin Hauptsitz in Berlin.jpg
Headquarters of the Berlin Hyp in Budapester Str. 1, 10787 Berlin

The Berlin Hyp AG, based in Berlin, is one of the large German real estate and mortgage banks. The bank was created in 1996 from the merger of Berliner Hypotheken- und Pfandbriefbank AG and Braunschweig-Hannoversche Hypothekenbank AG.

Contents

The Berlin Hyp focuses its sales activities on business with investors, housing companies, real estate funds, investment companies and selected developers. Regionally, it concentrates on economically strong metropolitan areas in Germany and various foreign markets in Europe. [3]

History

The Berlin Hyp's first predecessor institute, the Berliner Pfandbriefinstitut, was founded in 1868. Later, the institute operated under the name of Berliner Pfandbriefamt. In 1973, a number of public institutions were incorporated under the name Berliner Pfandbrief-Bank as a public-law institution:

In 1993, the legal form was changed to a Joint-stock company. Since this change, the bank has been operating as Berliner Hypotheken- und Pfandbriefbank AG (short: Berlin Hyp). The sole shareholder was the state of Berlin. In 1994, a predecessor institution of today's Landesbank Berlin took over all shares. The current bank was created in 1996 from the merger of Berliner Hypotheken- und Pfandbriefbank AG and Braunschweig-Hannoversche Hypothekenbank AG.

In November 2009, the Berlin Hyp's Supervisory Board resolved a substantial capital increase by issuing new no-par-value shares in order to broaden the scope of action for new business acquisitions and thereby expand and consolidate its market position. [4]

In October 2013, the company was renamed Berlin Hyp AG. Also, the brand image of the bank was completely revised and has since leaned its business colors and appearance against the image of the Sparkasse, to make the involvement of the Berlin Hyp in the Sparkassen-Finanzgruppe outwardly visible. [5]

As of January 1, 2015, the company's shares were transferred to LBB Holding and the commercial real estate financing business, which had previously been operated jointly with Landesbank Berlin, was dissolved. [6]

The Berlin Hyp is a member of the Verband deutscher Pfandbriefbanken .

Key figures

Key figures [7] 2018 [2] 20172016201520142013201220112010200920082007200620052004200320022001
Balance sheet total [in million €]27.17827.12326.35428.54430.42733.36734.20538.55640.73841.29141.48741.19840.63939.59135.68839.87743.00242.996
Operating result [in million €]220,4184,4120,1126,1121,9119,0202,7129,888,078,557,577,074,757,745,613,6− 51,2− 92,2
Annual net profit [in million €]116,4117,073,068,1120,1125,8105,486,458,944,755,154,536,724,84,3− 80,3− 92,2
Cost-Income-Ratio [in %]45,251,244,046,146,137,535,430,731,835,133,033,333,533,533,630,140,938,8
Employees596585585576544402399419441439426405423421434461481551

The bank employs 596 people (as of 2018) and has offices in Berlin (headquarters), [8] Düsseldorf, Frankfurt, Hamburg, Munich, Stuttgart and overseas locations in Warsaw, Amsterdam and Paris. [9]

Founding document Berliner Pfandbrief-Institut Grundungsurkunde Berliner Pfandbrief-Institut.jpg
Founding document Berliner Pfandbrief-Institut

Shareholders

ShareStockholders
100 % Landesbank Berlin Holding

Status: February 2018 [8]

Office in the Nextower in Frankfurt Nextower 07 (fcm).jpg
Office in the Nextower in Frankfurt

Corporate publications

The Berlin Hyp regularly publishes real estate studies, some of which are own works and partly in cooperations.

Significant investments

Since 2008, the Berlin Hyp holds a 100 percent stake in the now-defunct Berlin Hyp Immobilien GmbH. The Berlin Hyp's business purposes were brokerage and real estate marketing. [8]

Brand and corporate design

At the beginning of 2013, the traditional Berliner Immobilienbank was facing a comprehensive strategic repositioning. The starting point for the rebranding was the organizational reorganization of the parent company, Landesbank Berlin (LBB). Berlin Hyp was set up as an independent real estate financier and future subsidiary of Berliner Sparkasse within the Sparkassen-Finanzgruppe. [13] Factors of the reorientation were the now independent market position and the expansion of the range of services as a composite bank in the Sparkassen-Finanzgruppe and for real estate clients. [14]

The slogan of the Berlin Hyp is "partnership is our foundation". [15] The slogan represents a promise of service to its employees, customers, partners and owners. It guides the operation and emphasizes key features of the Berlin Hyp: down-to-earth, reliable, in partnership and personal. [16]

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References

  1. 1 2 "Berlin Hyp AG". Bloomberg. Retrieved 16 December 2018.
  2. 1 2 3 "Geschäftsbericht 2018" (PDF). Berlin Hyp. Retrieved 27 September 2019.
  3. "Berlin Hyp 150 Jahre Erfahrung". Berlin Hyp. Retrieved 16 December 2018.
  4. "Berlin-Hannoversche Hypothekenbank AG (Berlin Hyp) beschließt Kapitalerhöhung aus genehmigtem Kapital". FinanzNachrichten. 20 November 2009. Retrieved 16 December 2018.
  5. "Berlin Hyp verdoppelt Neugeschäft im dritten Quartal". HAUFE. 11 November 2013. Retrieved 16 December 2018.
  6. Neuhaus, Carla (7 January 2015). "Die Berlin Hyp wird eigenständig". DER TAGESSPIEGEL. Retrieved 16 December 2018.
  7. "Finanzberichte". Berlin Hyp. Retrieved 16 December 2018.
  8. 1 2 3 "#sharinginspiration Geschäftsbericht 2017" (PDF). Berlin Hyp. Archived from the original (PDF) on 29 March 2019. Retrieved 16 December 2018.
  9. "Standortsuche". Berlin Hyp. Retrieved 16 December 2018.
  10. "Citylogistik mit neuen Ideen in die Stadt" (PDF). Berlin Hyp. Retrieved 16 December 2018.
  11. "Trends der Immobilienbranche auf dem Prüftstand" (PDF). Berlin Hyp. Retrieved 16 December 2018.
  12. "Berlin Hyp & CBRE" (PDF). Berlin hyp. Retrieved 16 December 2018.
  13. "Geschäftsbericht 2014" (PDF). Berlin hyp. Archived from the original (PDF) on 17 December 2018. Retrieved 16 December 2018.
  14. "Rot vor Freude" (PDF). wirDesign. October 2014. Retrieved 16 December 2018.
  15. "Gebündelte Erfahrung, Zuverlässigkeit und Innovationskraft". Berlin Hyp. Retrieved 16 December 2018.
  16. "Geschäftsbericht 2013" (PDF). Berlin Hyp. Retrieved 16 December 2018.

52°30′24″N13°20′52″E / 52.50663°N 13.34776°E / 52.50663; 13.34776