hedge accounting, which contributed €7 million to the overall result (Q3 2021: €1 million). Net income from [...] from risk provisioning amounted to €-38 million (Q3: €-19 million), driven by stage 1 and 2 loss allowance; [...] direkt's deposit-taking business grew by 14% to €3.6 billion and helped to offset increased costs of
/en/media/press/detail/pbb-generates-nine-month-profit-before-tax-of-eur159-million-and-confirms-its-full-year-guidance/• pbbIX index rises markedly from -0.2 to 0.3 points in the second quarter • Lettings increased, investments [...] a row. Posting a significant leap from -0.2 to 0.3 points, the index is back in the positive range for [...] million sqm of office space was newly let in the BIG 7 markets. This is not only an increase of just under
/en/media/press/detail/pbbix-real-estate-index-back-above-zero/exceeded the previous year by more than 20% (2020: €7.3 billion, each including extensions >1 year) and was [...] 20%, to €9 billion, exceeding guidance of between €7 billion - €8 billion – gross margin down slightly [...] was also significantly higher than the target of €7 billion to €8 billion. As expected, average margins
/en/media/press/detail/pbb-increases-2021-pre-tax-profit/taken up in the last quarter. Over the entire year, 3.3 million sqm was let i.e. 23% more than in 2020 and [...] seasonal effects, real gross domestic product fell by 0.7% compared to the previous quarter. This worse-tha [...] investment volume for office properties on the big 7 markets amounted to €17.5 billion in 2021, a decrease
/en/media/press/detail/german-office-property-market-continues-to-catch-up-at-year-end-2021/market is solid, with €4.3 billion spent on office properties across the big 7 markets in the third quarter [...] sub-indices are naturally more volatile than the big 7 markets as a whole. The complete report for the third
/en/media/press/detail/pbbix-legt-im-3-quartal-2021-zu/months of 2021 (9m2020: €104 million; Q3 2020: €74 million, Q3 2021: €72 million; IFRS, Group, unaudited) [...] following €356 million in the previous year (Q3 2021: €124 million, Q3 2020: €126 million). Lower funding costs [...] business totalled €5.7 billion in the first nine months of the year, up from €4.3 billion in the same
/en/media/press/detail/pbb-increases-9-month-pre-tax-profit/estate financing climbing to €3.8 billion in the first half of 2021 (H1 2020: €2.7 billion, both including
/en/media/press/detail/pbb-steigert-vorsteuerergebnis-im-1-halbjahr-auf-114-mio-eur-guidance-2021-auf-180-mio-eur-bis-220-mio-eur-angehoben0/favourably: pbb originated €3.8 billion in the first half of 2021 (H1 2020: €2.7 billion, in each case including
/en/media/press/detail/pbb-raises-guidance-for-full-year-2021-pre-tax-profit-to-between-180-million-and-220-million/Analytics, inflows into office real estate fell from €7.3 billion in Q4 2020 to €2.1 billion in Q1 2021. The [...] the portfolio as a weighted average across all BIG-7 markets. So far, this increase has not had a direct
/en/media/press/detail/deutscher-bueroimmobilienmarkt-rutscht-noch-tiefer-in-die-krise0/the main logistic routes in Spain like A2, AP-7 and A3 motorways. Charles Balch, Head of International
/en/media/press/detail/pbb-provides-eur115mn-financing-for-a-logistics-portfolio-in-poland-acquired-by-ares-management/