In the real estate finance business DZ BANK runs a divisional holding company under the roof of VR-Immobilien GmbH with the two institutions Schwäbisch Hall and

6 million customers it is Germany’s Bausparkasse Schwäbisch Hall is the cooperative banks’ building society and with more than biggest building society and sector bellwether. Jointly with the local cooperative banks the Schwäbisch Hall Group offers single-sourced and tailor-made concepts for home ownership and home finance.

DZ HYP is a leading real estate financier in Germany and competence centre for public customers of the Cooperative Financial Group. It provides partners and customers in the four business areas of commercial real estate financing, housing industry, public customers as well as private customers/private investors with tailor-made financing solutions and reliable advice. DZ HYP supports Volksbanks and Raiffeisenbanks as a subsidiary service provider with a strong refinancing base, a broad orientation and great customer proximity for a successful and sustainable positioning in the regional market.