BERLIN/LÜBECK (dpa-AFX) - The financial services provider Hypoport grew last year thanks to a revival in real estate financing and gains in market share. The company benefited from a further deterioration in rental offers and lower interest rates. The volume of financing processed via the Europace platform rose by 40 percent to EUR 17.8 billion in the final quarter, as the MDax-listed company announced in Berlin on Monday. For the year as a whole, Hypoport's transaction volume on the platform came to EUR 66.1 billion – an increase of 27 percent over the previous year.
Business with cooperative banks and savings banks also increased significantly, it was reported. By contrast, business with corporate financing was down – the realized business volume fell significantly compared to the previous year./mne/mis