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EANS-News: Christmas gift: Hypoport to donate new homes

Berlin, (euro adhoc) -

  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
Company Information
9 December 2009: Instead of Christmas gifts to
its clients  and  staff, Hypoport has decided to support the poorest 
of the poor this year. The Group  is collaborating with the German 
Development Aid Agency for Social Residential  and Settlement 
Projects  (Deutsche  Entwicklungshilfe  für  soziales  Wohnungs-  und
Siedlungswesen e. V. (DESWOS)) to support a residential project in 
Tanzania.  In addition to homes for single mothers, a centre is also 
being built  where  loans can be arranged more easily, both now and 
in the future.
Financial  services  provider  Hypoport  has  launched  an  extensive
Christmas campaign to support a  community  residential  project  for
single  mothers  in Tanzania. Instead of its usual Christmas gifts to
clients and staff,  the  Group is making a donation where help really
is  needed.  The  programme  launched  by DESWOS and its project 
partner in Tanzania builds on the two pillars  of  "home" and 
"financing" to secure the safety and sustainable independence of  
people  in need.
Following  two  successful  pilot  projects,   a   further   three   
residential settlements comprising 72 homes are being built in the 
small town of Arusha,  in the northeast of Tanzania. These homes 
consist of three rooms, with an  outlying toilet and bathroom. So 
illnesses caused by a lack of hygiene can be  prevented. In addition,
each house will be connected to a drinking  water  and  electricity 
supply. Community centres are also being built in the  three  
settlements.  When they are finished, they will provide a venue for 
meetings focusing on  financing issues. In order to become 
independent, the residents require start-up  capital. Normal loans 
are, however, usually not an option that is  open  to  them,  since 
they cannot provide collateral. They are  therefore  going  to  join 
forces  to create so-called savings  and  loan  groups,  in  line  
with  the  principle  of microfinance. This valuable self-help tool 
will enable them not  just  to  start their own business, but also to
pay off their houses.  The  repayments  will  be channelled into a 
solidarity fund and the resulting  cash  flow  used  to  grant loans 
to destitute people, thus enabling further single parents  to  be  
housed.
Hypoport group is extremely familiar with both pillars - "home" and  
"financing" - within Europe. Dr. Klein &  Co.  AG,  its  wholly  
owned  subsidiary,  started business back  in  1954  by  providing  
advice  and  financing  for  the  German residential real estate 
market. To this day, Dr. Klein leads the market in  this segment. In 
addition, EUROPACE, Hypoport´s independent  web-based  platform  for 
financing transactions between banks and agents, is the largest of 
its  kind  in Europe. According to Hans Peter Trampe, member of the 
Management  Board  of  Dr. Klein & Co. AG: "We consciously selected 
the DESWOS project as the recipient  of our donation. Tanzania is not
only one of the poorest countries  in  Africa,  it is also one of the
most politically stable. So  not  only  is  help  desperately needed;
it actually has a real chance of making a difference, as well. Added 
to which, we know DESWOS and Mr Wilkens  personally.  The  serious  
nature  of  the project is demonstrated, not just by himself, but 
also by the fact  that  Ulrich Wickert is the patron. And last but 
not least:  The  issues  addressed  by  this project in Africa are 
the same  issues  that  helped  us  to  be  successful  in Europe, 
but on a different level. We can and want to  be  identified  with  
it", according to Trampe.
About DESWOS DESWOS is a  private,  non-profit  association.  It  is 
supported  by  the  GdW associations and their members. DESWOS aims 
to combat the  shortage  of  housing and the poverty in less 
developed countries  by  providing  assistance  so  that poor  
families  can  help  themselves  by  building  homes  and  securing  
their financial futures. The members of DESWOS  comprise  more  than 
660  residential real estate companies that are members of the GdW 
Federal Association of  German Residential and Property Companies 
(GdW Bundesverband  deutscher  Wohnungs-  und Immobilienunternehmen),
together with more  than  170  private  individuals  who operate in 
the residential real estate market.
Contact Werner Wilkens Managing Director of DESWOS Deutsche 
Entwicklungshilfe für soziales Wohnungs- und Siedlungswesen e.V.
Innere Kanalstr. 69
50823 Cologne
Tel. : 0221  57  989 60
Mobile: 0172 215  83 06
Fax:  0221 57 989 99
E-mail:  werner.wilkens@deswos.de
www.deswos.de
About Hypoport AG Hypoport Group is an internet-based all-round 
financial services provider  based in Berlin. The Group employs some 
450 people. The company  has  been  listed  in the Prime Standard on 
Deutsche Börse since the end of 2007. Its  business  model consists 
of  two  reciprocally  beneficial  pillars  -  the  sale  of  
financial products (Dr. Klein & Co. AG) and the provision of a  
platform  for  transacting financial products via the internet. 
Hypoport operates the EUROPACE B2B financial marketplace, which is  
the  largest German online platform for transacting financing 
products.  A  fully  integrated system links more than 30 banks with 
several thousand financial  advisors,  thus enabling the quick and 
direct agreement  of  contracts.  The  platform's  highly automated 
processes generate  considerable  cost  benefits.  Nowadays,  
EUROPACE processes some 400 financing transactions every day. 
Hypoport AG  publishes  the monthly house price index (HPX) based on 
real transaction data.   A list of  the banks  and  service  
providers  that  use  the  platform   can   be   found   at 
http://www.hypoport.de/partner.html. The Annual Report  2008  is  
available  for download at http://www.hypoport.de/publikationen.html.
end of announcement                               euro adhoc

Further inquiry note:

Contact
Michaela Reimann
Group Communications Manager
Tel.: +49 (0) 30 / 4 20 86 1936
E-Mail: michaela.reimann@hypoport.de

Branche: Financial & Business Services
ISIN: DE0005493365
WKN: 549336
Börsen: Frankfurt / regulated dealing/prime standard

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