Thursday 24th April 2008
Bank of Scotland Corporate has appointed Leonhard Goebel as Head of Real Estate Finance for Germany. In this role, Leonhard will have overall responsibility for the Frankfurt-based Real Estate team and will drive forward the Bank's ambitions to increase its client base and geographic spread within the German market.
Part of the HBOS group, Bank of Scotland has a lending book in excess of €5 billion in Germany alone. In the UK, Bank of Scotland is a leading provider of debt to property investors. It has also built a significant Joint Ventures business by co-investing with Real Estate partners. Elsewhere in Europe, Bank of Scotland has established Real Estate operations in France, Spain, The Netherlands, Sweden.
Leonhard joins Bank of Scotland from MURECON Munich Real Estate Consulting GmbH where he was Managing Director and Principal. Previously he was Global Head of Origination of Commercial Real Estate Loans and Senior Vice President at Münchener Hypothekenbank eG in Munich. In all, Leonhard has more than twenty years experience in Real Estate Finance.
Iain Corstorphine, European Director of Real Estate at Bank of Scotland Corporate, said:
"Leonhard brings a tremendous amount of experience in Real Estate Finance to Bank of Scotland. We are truly delighted to be able to secure someone of his calibre to take our Real Estate business forward. Leonhard will spearhead our plans to significantly grow our client base in Germany."
Notes for editors:
Part of the HBOS – one of the UK's largest banking and finance groups – Bank of Scotland Corporate provides a complete range of banking and financial services to businesses of all sizes. In addition to Real Estate Finance, services include acquisition finance, corporate banking and infrastructure finance. Bank of Scotland Corporate has been active in Germany since 1995. It has grown its German Real Estate team significantly since it was set up in 2004 and today has a Real Estate lending book in excess of €3 billion.
