Westend Bank AG acquires property manager Westend Estates

Westend Bank, headquartered in Frankfurt am Main, is 100 percent owned by the Hopp family. With its Beyond Banking model, it combines individual financing solutions with exclusive family office services for wealthy families, family offices, companies and institutional investors.

Thomas Rosenfeld, Spokesman of the Board of Directors of Westend Bank, says: "With our investment in this professional property manager, we are expanding our family office platform to include holistic real estate management with high standards of service, quality and sustainable value development. The company complements our existing business very well and offers potential for the further development of our activities. Our clients benefit from a wide range of real estate solutions under the umbrella of Westend Bank."

Claudia Keppke, Director of Westend Estates, adds: "We are pleased to have Westend Bank as a new shareholder who can strategically develop Westend Estates and support their growth in the long term."

This investment is a consistent continuation of the strategic orientation and an important contribution to the further development of Westend Bank as a family office bank and provider of related services for wealthy families, companies and institutional investors.