Detail akcie Aareal Bank Rg online

Business Summary: Aareal Bank AG is a Germany-based real estate bank. It provides finance, advisory and other services to commercial property and institutional housing sectors. It’s activities are divided into two core business divisions: Structured Property Financing and Consulting/Services. The Structured Property Financing combines property finance with refinancing, services domestic and international clients on their property and creates financing packages for logistics properties, shopping centers and hotels. The Consulting/Services offers the institutional housing sector services and products for managing residential property portfolios and processing payment flows, providing Information Technology systems consultancy and software products, among others. The Consulting/Services segment operates in Europe, whereas Structured Property Financing segment operates in North America, Europe and Asia. The Company operates Corealcredit Bank AG and Westdeutsche Immobilien AG as wholly owned subsidiaries.
Financial Summary: BRIEF: For the six months ended 30 June 2024, Aareal Bank AG interest income increased 23% to EUR1.38B. Net interest income after loan loss provision increased 21% to EUR387M. Net income before extraordinary items increased 60% to EUR158M. Net interest income after loan loss provision reflects Structured Property Financing segment increase of 84% to EUR112M, Consulting and Services segment increase of 19% to EUR70M.