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HSH Nordbank appoints new real estate global heads

Fri May 16, 2008 2:59pm IST
 
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LONDON, May 16 (Reuters) - HSH Nordbank [HSH.UL], one of Europe's most active property lenders, said on Friday it had appointed two new joint global heads to lead its fast-growing real-estate business unit.

The bank has promoted Peter Axmann and Judith Steinhoff to the posts after several years of service as deputy heads of its property division.

HSH Nordbank, which has total assets of around 205 billion euros, specialises in property and shipping finance.

It is present in 16 German and international real estate markets and manages a 28.2 billion euro ($43.65 billion) property loan book. (Reporting by Sinead Cruise, editing by Will Waterman) (See www.reutersrealestate.com for the global service for real estate professionals from Reuters)

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