German real estate company Hypo Real Estate Group (HRE), the unit that spun off from German bank HypoVereinsbank in 2003, is looking to expand its securitization and asset management business, said Georg Funke, CEO of HRE.

HRE is also combining its Dublin-based Hypo Real Estate Bank International worldwide real estate business with that of Stuttgart-based Wrttembergische Hypothekenbank under the HRE Bank International umbrella - a move that Funke said would create more refinancing capabilities for the firm.

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