Axel Wieandt resigned has unexpectedly as chairman of the management board of Hypo Real Estate after a clash with the German bank rescue fund Soffin about the management of the nationalised property lender. Hypo RE is the holding company of the troubled German commercial property lender which operates under the name Deutsche Pfandbriefbank.
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.
