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Home Products Corporate Banking Structured Finance Real Estate Finance
Real Estate Finance
a)Types of finance
- multifunctional buildings
- industrial real estate
- administration buildings
- commercial objects
- residential complexes
- reconstruction of residential houses
b) Kinds of finance
- construction
- purchase
- reconstruction
- refinancing
c) Basic financing criteria
- ratio between credit and own capital 70/30 %
- suitable location
- trustworthiness of the debtor
- 70% of the real estate market value
- recoverability from future revenues
- concluded lease contracts or letters of intent
- credit period of 15 years at the most
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