HSH Nordbank finances EuroCore office building in Munich

Hamburg/Kiel, June 24, 2014 - HSH Nordbank is providing a Maple Knoll Capital and a group of investors with portfolio finance of EUR 90 million for an office building in Munich's Allach district. The 60,000 sqm in office space is fully let.

The main tenant with just under 70 percent is T-Systems International GmbH, a Deutsche Telekom subsidiary. Other long-term tenants include MAN Truck & Bus AG as well as MAN Financial GmbH and MTU Aero Engines.

The Allach district, which is in the northwest of the city of Munich, is characterised by industry and commerce. MAN and MTU have had production facilities in this district for many decades. The office building to be financed is in a standalone location with flexible divisibility and has very good technical facilities

Maple Knoll Capital, a London-based private equity investor and advisor with a primary focus on value-add and opportunistic real estate, will assume the asset management. They have deep experience sourcing, executing and managing compelling risk-adjusted investments for their partners and their clients. The company has been involved as a principal or advisor in transactions with an aggregate transaction volume over € 20.0 bn, with nearly €15 bn focused on real estate across multiple geographies.

The information contained in this press release does not constitute an offer for the sale of any type of Hamburg Commercial Bank AG securities. Securities of Hamburg Commercial Bank AG may not be sold in the United States without registration pursuant to US securities legislation, unless such a sale takes place on the basis of relevant exceptional provisions.

This press information can contain forward-looking statements. These statements are based on our beliefs and assumptions, on information currently available to us which we consider reliable. Forward-looking statements include all statements which are not historical facts, including information concerning future growth prospects and future economic developments.

Such forward-looking statements are based on assumptions relating to future events and are subject to uncertainties, risks and other factors, a large number we cannot influence. Thus actual events can differ considerably from the forward-looking statements made. We make no warranty for the correctness or completeness of these statements or the actual occurrence of the statements made. Furthermore, we assume no obligation for updating the forward-looking statements after this information has been published.