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Market developments» In the wake of the financial market crisis and the economic crisis it gave rise to, German GDP fell by 5.0% in 2009 year-on-year. more » Market position of the Pfandbrief banks in Germany » The vdp member banks are by far the most predominant group providers of commercial property finance. more » Lending business of the Pfandbrief banks » In the property markets, the effects of the economic and financial crisis were clearly reflected in dramatic declines in transaction volumes. more » Commercial property finance abroad » In 2009, the most important foreign markets in cross-border commercial property finance were Great Britain with commitments of € 5.2 billion (share: 28.5%), the USA with € 3.2 billion (17.4%) and France with € 2.6 billion (14.4%). more »

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