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After continued good performance during third quarter, pbb raises 2017 full-year PBT guidance to between €195 million and €200 million
the end of September 2017, to 17.1% (June 2017: 19.4% excluding interim profits; the ratio as at September [...] above pbb's medium-term ambition level of above 12.5%. Andreas Arndt , CEO of pbb, said: "The good results
Office real estate: ppbIX posts another decline
previous quarters. Only 2.5 million sqm found new tenants in 2023, compared with 3.5 million sqm in the previous [...] rate saw a significant weighted average increase of 5.8% across all the big 7 markets (+90 basis points [...] up a little in the fourth quarter of 2023, a mere €4.1 billion was invested during the year as a whole
Q1 2019 - another strong first quarter for pbb
additions of €1 million (Q1 2018: net releases of €4 million). On the other hand, expenses for the bank [...] a marked decline in the first quarter of 2019, to 4% (FY 2018: 15%). New Public Investment Finance business [...] divided almost equally between Pfandbriefe, with €1.5 billion (€1.2 billion of which were Mortgage Pfandbriefe)
Strong business performance for pbb in the first half of 2019
Commercial Real Estate Finance business totalled €4.4 billion in the first half of the year, up from €3 [...] commercial real estate loans totalling €27.4 billion (6m 2018: €25.4 billion), together with lower average [...] the disposal of financial instruments of €4 million (6m 2018: €5 million). Redemptions of liabilities resulted
pbb accelerates strategy implementation: Full focus on Europe
around EUR 4.1 billion with a weighted average remaining legal maturity of approximately 2.5 years, in
pbb achieves solid results in the first half of 2022, despite increasingly difficult market environment
quarter of 2022, net income from realisations of € 5 million was marked by a heavy decline in prepayments [...] management overlay New business volume increased to € 4.3 billion in the first half of 2022 (H1 2021: € 3 [...] 8 billion in the first six months, reaching € 28.4 billion CEO Andreas Arndt: “The result and our ri
pbb affirms earnings guidance for 2023 and launches cost-cutting programme
billion; new business guidance adjusted to between €6.5 billion and €8 billion New business margins remain [...] the volume of pbb's new business declined to €2.5 billion for the first six months (including extensions [...] falling clearly short of the previous year's figure of €4.3 billion. Against this background, pbb has adjusted
pbb continues strategic transformation
prolongations > 1 year) increases to €4.0 billion (9M24: €2.5 billion) • RoTE in new business at 9% above [...] New business rose to €4.0 billion in the nine-month period, compared to €2.5 billion in the same period [...] portfolio was reduced to €3.5 billion at the end of the third quarter (end of 2024: €4.2 billion). The development
pbb drives transformation forward and acquires Deutsche Investment Group
volume of € 6.5 billion to € 7.5 billion is planned for the year as a whole (2024: € 5.1 billion). The [...] to € 7.5 billion at mid-year (end of 2024: € 7.6 billion). Liquidity amounts to more than € 5 billion [...] to build up assets under management of between € 4 billion and € 6 billion by 2027. The transaction will
pbb enjoys a successful start to 2017 issuance
issuance year. The Mortgage Pfandbrief has a term of 4.5 years and a coupon of 0.05% p.a. This is equivalent