Wiesbaden (ots) - - Second-quarter consolidated operating profit of EUR 45 million - Net interest income rose to EUR 126 million, confirming the turnaround seen in the first quarter - New business in the Structured Property Financing segment grew to EUR 2.4 billion - twice the amount reported for the same quarter last year - Aareal Bank affirms its consolidated ...
Wiesbaden (ots) - - First-quarter consolidated operating profit of EUR 47 million - Strong capitalisation - very solid liquidity situation - Forecasts affirmed for the full year 2013 Aareal Bank Group had a successful start into the 2013 financial year, performing very well in a slightly improved - yet still challenging - market environment. At EUR 47 million, ...
Wiesbaden (ots) - Aareal Bank has refinanced a loan of EUR 650 million in Poland for a commercial property portfolio together with Helaba, Deutsche Pfandbriefbank AG, Hypothekenbank Frankfurt AG, Bank Zachodni WBK S.A. (member of the Santander Group) and Bank Pekao S.A. The borrowers are various special-purpose ...
Wiesbaden (ots) - The Supervisory Board of Aareal Bank AG has appointed Dagmar Knopek as a new member of the Aareal Bank AG Management Board with effect from 1 June 2013. She will be responsible for the markets in Aareal Bank's Structured Property Financing segment. In her new function, Knopek will succeed Dirk ...
Wiesbaden (ots) - Aareal Bank Group published its Annual Report 2012 today. In addition to information on the bank's business model and its activities in the two business segments, the Annual Report also includes Aareal Bank's audited consolidated financial statements in accordance with IFRSs and the bank's Group Management Report. Based on audited results, consolidated operating profit of EUR 176 million - which is in ...
Wiesbaden (ots) - Mr Hans W. Reich, Chairman of the Supervisory Board of Aareal Bank AG, will retire from the Supervisory Board, prior to the end of his term of office, at the end of this year's General Meeting on 22 May 2013. At its meeting today, the Supervisory Board elected Ms Marija Korsch as its Chairperson, ...
Wiesbaden (ots) - - Fourth quarter consolidated operating profit of EUR 46 million and EUR 176 million for the full year - consolidated net income for 2012: EUR 85 million - At EUR 6.3 billion, new Structured Property Financing business clearly exceeded forecast - Outlook for 2013: Consolidated operating profit expected to match the level of 2012 - potential to reach ...
Wiesbaden (ots) - - Third-quarter consolidated operating profit of EUR 42 million - Core Tier 1 ratio of 11.6 per cent as at 30 September 2012 - Basel III requirements already fulfilled as of today - Aareal Bank affirms guidance for full-year consolidated operating profit Aareal Bank Group has remained on track during the third quarter of 2012, and ...
Wiesbaden (ots) - - Consolidated operating profit up slightly year-on-year, to EUR 45 million - Core Tier 1 ratio at 11.7 per cent, providing a solid foundation for the planned expansion of new business during the second half of the year - Aareal Bank affirms guidance for full-year consolidated operating profit Aareal Bank Group once again performed well in a ...
Wiesbaden (ots) - Aareal Bank, together with Allianz Real Estate and Landesbank Hessen-Thüringen ("Helaba"), provided a loan facility of EUR 650 million secured against "CentrO" in Oberhausen, one of Germany's biggest shopping centres. The financing was provided to a joint venture between the Stadium Group and the Canadian Pension Plan Investment Board who jointly own ...
Wiesbaden (ots) - Ms Marija Korsch has been appointed to the Supervisory Board of Aareal Bank AG, with immediate effect. The Wiesbaden local court (Amtsgericht Wiesbaden) approved an application to this effect, submitted by the Management Board of Aareal Bank AG. Ms Korsch will succeed Mr Wolf R. Thiel, who has retired from the Supervisory Board after having served as ...
Wiesbaden (ots) - Correction notice: In the penultimate paragraph of the press release "consolidated net income" has to be replaced by "consolidated operating profit". (Updated Press Release:) ___________________________________________ Aareal Bank Group posts a solid start into the 2012 financial year - ...
Wiesbaden (ots) - - First-quarter consolidated operating profit of EUR 43 million - Core Tier 1 ratio of 11.6 per cent as at 31 March 2012 - Full-year outlook affirmed Aareal Bank Group retained its positive business development during the first quarter of 2012, in a market environment that continued to be difficult. Consolidated operating profit amounted ...
Wiesbaden (ots) - The Supervisory Board of Aareal Bank AG resolved to renew the appointment of the incumbent Chairman of the Management Board, Dr Wolf Schumacher, and the Member of the Management Board Thomas Ortmanns, prior to the regular end of their terms of office. Their appointment to Aareal Bank's Management Board was extended for another five years, with effect ...
Wiesbaden (ots) - Aareal Bank Group published its annual report for the 2011 financial year today. In addition to information concerning the Group's business model and its activities in the two business segments, the report also includes the audited consolidated financial statements in accordance with IFRSs, and Aareal Bank's Group Management Report for 2011. According to audited figures, consolidated operating profit ...
Wiesbaden (ots) - The Real Estate Management Institute (EBS REMI) of the EBS Business School and Aareal Bank AG have granted for the fifth time the Aareal Award of Excellence in Real Estate Research for academically-outstanding research work in real estate economics. A total of approximately 50 papers for this annual research prize were submitted this year. About half ...
Wiesbaden (ots) - - Consolidated operating profit up 38 per cent over the previous year to EUR 185 million - consolidated net income more than doubled, to EUR 93 million - Tier 1 ratio at 16.3 per cent and core Tier 1 ratio at 11.3 per cent, as at 31 December 2011 - CEO Dr Wolf Schumacher: "We exploited the opportunities available to us during the year under review, ...
Wiesbaden (ots) - - Third-quarter consolidated operating profit up 42 per cent year-on-year, to EUR 47 million - At EUR 138 million, nine-month consolidated operating profit already exceeds the full-year figure for 2010 - Tier 1 ratio at 16.6 per cent - core Tier 1 ratio at 11.5 as at 30 September 2011 ...
Wiesbaden (ots) - - Consolidated operating profit up by 42 per cent year-on-year, to EUR 44 million - Tier 1 ratio at 15.8 per cent as at 30 June 2011 / Core Tier 1 ratio at 11.0 per cent - Full-year outlook for 2011 affirmed Aareal Bank Group's successful business development continued into the second ...
Wiesbaden (ots) - - Further enhancements to results anticipated, following the successful financial year 2010 - Business development on schedule during early 2011 - positive outlook affirmed - CEO Dr Wolf Schumacher: "We are determined to consistently exploit our competitive edge, and to further expand our market position" Following its successful ...
Wiesbaden (ots) - - Consolidated operating profit up by 54 per cent, to EUR 134 million - New business generated in the Structured Property Financing segment grows from EUR 3.8 billion to EUR 6.7 billion - Performance of the Consulting/Services segment remains on track - Strong fourth quarter - ...
Wiesbaden (ots) - - Tier 1 ratio expected to be 12.9 per cent* as at 31 December 2010 according to the A-IRBA (10.5 per cent* according to the CRSA) - Core Tier 1 ratio excluding hybrid capital and SoFFin silent participation of 8.1 per cent* as at 31 December 2010 - Chief Financial Officer Hermann J. Merkens: ...
Wiesbaden (ots) - The Supervisory Board of Aareal Bank AG has appointed Dirk Große Wördemann as a new member of the Aareal Bank AG Management Board responsible for international markets in Aareal Bank's Structured Property Financing segment. He will take over the responsibilities of Norbert Kickum who ...
Wiesbaden (ots) - Norbert Kickum, who, as a member of the Management Board, has been responsible for Aareal Bank's property financing business on international markets, has left the bank with effect from 31 October 2010. His departure is for purely personal reasons, by amicable and mutual consent. Aareal Bank will announce a successor shortly. Norbert ...
Wiesbaden (ots) - - Nine-month operating profit already exceeds full-year 2009 results - Aareal Bank has thus achieved a key objective for the current financial year - Full-year forecasts raised for key financial indicators - Consolidated operating profit of EUR 33 million, up from EUR 21 million in Q3 2009 - Allowance for credit losses of EUR 32 million ...
Wiesbaden (ots) - - Second-quarter consolidated operating profit rises to EUR 31 million (Q2 2009: EUR 19 million) - Allowance for credit losses of EUR 33 million remains at a manageable level - New Structured Property Financing business expanded to EUR 1.6 billion - Consulting/Services segment: Aareon ...
Wiesbaden (ots) - - First repayment tranche will amount to EUR 150 million - Chairman of the Management Board, Dr Wolf Schumacher stated: "This demonstrates the strength and soundness of our business model and good capitalisation" - Funding ...
Wiesbaden (ots) - The Annual General Meeting of Aareal Bank AG has adopted all resolutions proposed by the Management Board and the Supervisory Board with a large majority. These included resolutions to establish new Authorised Capital, and an authorisation of the Management Board to issue convertible bonds or bonds with warrants. These resolutions represented global ...
Wiesbaden (ots) - - First-quarter consolidated operating profit rises to EUR 30 million (Q1 2009: EUR 24 million) - Allowance for credit losses of EUR 32 million remains at a manageable level - New Structured Property Financing business increased to EUR 1.3 billion - Consulting / Services segment continues to show robust business development - deposit ...
Wiesbaden (ots) - - Market environment is expected to gradually improve, returning to normal as of 2012 - Outlook for 2010 confirmed - first-quarter performance on schedule - Sound results achieved in 2009 - CEO Dr Wolf Schumacher: "We are well-positioned to master the current challenges we face, and to consistently exploit future ...
