Skip to content Skip to navigation menu

Forum Schwanthalerhöhe | Berlin Hyp

Retail Berlin Hyp to finance reconstruction of Forum Schwanthalerhöhe for EUR 150 million

Berlin Hyp is granting HBB Hanseatische Betreuungs- und Beteiligungsgesellschaft mbH a loan of EUR 150 million as interim financing for the reconstruction of Forum Schwanthalerhöhe.

A restructuring and an entirely new concept is planned for the former XXL furniture store to turn it into a modern shopping facility with around 90 retail units and a total rental space of some 25,000 m².

"The combination of the project concept, financing location and HBB as the project's initiator have convinced us completely. We are particularly glad to be a partner because HBB is committed to sustainability", commented Gero Bergmann, member of the Board of Management of Berlin Hyp AG.