The vdp member institutions report a positive mood in the Pfandbrief market, with improved scores for unsecured bank bonds and Pfandbriefe. The year 2025 showed strong growth in new emissions.
The Association of German Pfandbrief Banks and the Energy Efficient Mortgages Hub Netherlands are calling for a pragmatic revision of the EU taxonomy for the real estate industry. In a joint White Paper, they propose seven adjustments to facilitate the application of the directives and promote the financing of sustainable construction projects.
Real estate loans from vdp member institutions reached a volume of EUR 107.3 billion from January to September 2025, an increase of 18.2% compared to the previous year. Residential real estate loans in particular made a significant contribution to this.
