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Thu, 14.11.2024       Aareal Bank AG

EQS-Media / 14.11.2024 / 10:56 CET/CEST Aareal Bank arranges €157.5 million to refinance Castello SGR’s Star II Fund for two luxury hotel properties in Italy Wiesbaden, 14 November 2024 – Aareal Bank is pleased to announce the successful closing of a €157.5 million refinancing transaction with Castello SGR, the management company of the Star  [ … ]
Thu, 07.11.2024       Aareal Bank AG

Aareal Bank continues its strong operating performance – nine-month operating profit up significantly year-on-year The Bank’s operating profit rose by 19 per cent to €261 million in the first nine months of the year Both business segments made a strong contribution: net interest income up 8 per cent to €792 million Marked increase in new prope [ … ]
Thu, 24.10.2024       Aareal Bank AG

EQS-Media / 24.10.2024 / 10:00 CET/CEST Aareal Bank and Henderson Park strengthen partnership through £275 million financing of Edinburgh and Dublin hotel portfolio Wiesbaden, 24 October 2024 – Henderson Park and Aareal Bank are pleased to announce they have signed a c. £275 million financing loan secured against three hotels: the Curio Colle [ … ]
Mon, 21.10.2024       Aareal Bank AG

EQS-Media / 21.10.2024 / 09:12 CET/CEST Survey shows that majority of German tenants currently have no plans to buy a property 56 per cent of respondents do not intend to buy a property in the foreseeable future Rising rents and costs for energy-related refurbishment reduce the supply of affordable housing Many tenants focus on sustainabil [ … ]
Tue, 08.10.2024       Aareal Bank AG

EQS-Media / 08.10.2024 / 09:00 CET/CEST Aareal Bank finances seven logistics assets in France and Germany together with Boreal IM Wiesbaden, 8 October 2024 – Aareal Bank is proud to announce the closing of a €170 million cross-border loan with Boreal IM, a pan-European real estate investment manager. The portfolio, spanning 309,000 sqm, incl [ … ]
Thu, 08.08.2024       Aareal Bank AG

Aareal Bank fully on course in the first half of the year The Bank’s H1 operating profit rises by 31 per cent to €181 million year-on-year; Q2 almost doubles year-on-year, to €90 million Total risk provisions in H1 of €176 million down by 10 per cent from €196 million, including €43 million management overlay Aareon to be reported as a disconti [ … ]
Tue, 30.07.2024       Aareal Bank AG

Andy Halford appointed as Aareal Bank’s new Chief Financial Officer Wiesbaden, 30 July 2024 – Andy Halford has been appointed as Aareal Bank’s new Chief Financial Officer (CFO) as of 1 October 2024, subject to customary regulatory approvals. He joins from Standard Chartered where he held the position of Group Chief Financial Officer and Group Exe [ … ]
Mon, 24.06.2024       Aareal Bank AG

Aareal Bank and Advent International to sell Aareon to TPG for approximately € 3.9 billion Transaction will establish Aareon as an independent company majority owned by TPG and CDPQ as minority co-investor Aareal Bank and Aareon to continue to cooperatively support their clients following the transaction Gain on sale to be booked in Aareal Ban [ … ]
Wed, 15.05.2024       Aareal Bank AG

Supervisory Board and CFO Marc Hess jointly agree for him to leave Aareal Bank AG at the end of his contract Wiesbaden, 15 May 2024 – Aareal Bank’s Supervisory Board and Aareal Bank Group’s Chief Financial Officer, Marc Hess, have jointly agreed for him to leave the Group at the end of his contract, which will expire at the end of the year. The S [ … ]
Wed, 15.05.2024       Aareal Bank AG

Aareal Bank posts a very good start to the 2024 financial year Consolidated operating profit rises to € 103 million in the first quarter, reaching the highest level since 2018 Strong earnings power: net interest income of € 254 million, net commission income grows to € 86 million Risk provisions of € 83 million, including a € 56 million managem [ … ]

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