Jul 2013

deutche annington

Joint Lead Manager

€ 575 million

Initial Public Offering

Deutsche Annington

Deutsche Annington is the largest German residential real estate company with a portfolio of more than 180,000 units valued at €10.3bn at IPO date

Transaction highlights

Deutsche Annington raised proceeds decreasing the company’s leverage and partly selling the stake of its main shareholder
Kempen & Co acted as Joint Lead Manager and generated strong international demand covering the issue multiple times