The European Investment Bank Is providing EUR 22.5 million financing to support a joint initiative by WEPA and the Spanish company Honext Material: together, the family businesses aim to produce and distribute high-quality, circular fibreboards designed particularly for use in the construction and interior design sectors.
The European Investment Bank (EIB) Group brought together senior representatives from national and local government, major housing developers, and housing industry bodies in Berlin to share best practice and identify concrete steps to overcome the challenges facing Germany's housing sector and accelerate the construction of affordable homes.
The European Investment Bank (EIB) and the municipal housing company HOWOGE Wohnungsbaugesellschaft mbH have signed an unsecured credit facility of EUR 500 million. The EIB financing will support construction of around 3,200 residential units in Berlin by 2029.