HSH Nordbank finances Barthonia Forum acquisition

Hamburg/Kiel, May 26, 2015 - HSH will provide a senior financing facility totalling € 91 million to a joint venture between European Property Investors Special Opportunities 3 L.P. (EPISO 3), a pan European private equity real estate fund advised by Tristan Capital Partners and FREO Group for the acquisition of Barthonia Forum in Cologne’s Ehrenfeld district.

The urban quarter on the site where eau de cologne ‘4711’ was once produced comprises 12 individual buildings with a surface area of around 70,000 square meters of predominantly retail and residential use. With its proximity to the city centre and Cologne Cathedral (around 2.0 km), the area is among the most popular residential locations while at the same being an attractive office location, especially for the creative industries. Alongside various retail companies, the ‘Kaufland’ department store is an anchor tenant with more than 11,000 square meters in retail space.

Tristan Capital Partners is an independent real estate investment manager based in London and is regarded as being among the market leaders in Europe. The firm currently advises six funds with assets under management of more than € 5 billion.

FREO Group is a private equity company and fund manager specialising in the acquisition and development of commercial properties in Germany. The company currently has around one million square metres of commercial space under management and will act as asset manager for the Barthonia Forum.

HSH Nordbank was advised by Taylor Wessing on the transaction.

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.