Office real estate: pbbIX still on the slide
the case for the German economy as a whole, the big 7 markets for office space are also suffering from sluggish [...] take-up remained low at 630,000 sqm. All in all, only 1.8 million sqm office space was let in the first three [...] three quarters of the current year, compared with 2.8 million sqm in the same period of the previous year
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Office real estate: ppbIX posts another decline
significant weighted average increase of 5.8% across all the big 7 markets (+90 basis points compared with [...] low inflows seen over recent quarters in the big 7 office investment markets picked up a little in the [...] visibility and planning security is growing. All the big 7 markets have also been trending downwards. However
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pbb generates profit before tax of €47 million in the first half of 2024
reduction in deposits from €8.1 billion as at 30 June 2024 to around €7.5 billion at the end of the year [...] meet its new business guidance (€6.0 billion to €7.0 billion) with a volume of around €6 billion. The [...] our REF portfolio has decreased slightly, to €29.8 billion, compared to €30.2 billion in the first half
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pbb increases operating income in the first nine months of the year
fixed-term deposits from private investors amounted to €7.8 billion at the end of September (31 December 2023: [...] net reversal of €19 million (9M23: net reversal of €7 million) for loans with no indicators of impaired [...] pbb placed the equivalent of €2.0 billion (9m23: €2.8 billion) of new long-term funding in the market during
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pbbIX continues slight upward trend
and amounted to a weighted average of 6.8% across all BIG 7 markets at the end of the year. This is also [...] continuous growth in rents. The inflow on the BIG 7 office investment markets increased in the 4th quarter [...] an impact on the office space markets in the BIG 7, which are suffering from weak demand. At around 690
/en/media/press/detail/pbbix-setzt-leichte-aufwaertstendenz-fort/
pbb with significantly improved profit in 2024
(2023: € 2.7 billion). Unsecured financing is well balanced between retail deposits (€ 7.6 billion compared [...] non-core portfolio was further reduced by € 2.7 billion to € 9.7 billion through proactive balance sheet [...] 5.1 billion, new business was selective (2023: € 7.2 billion; including prolongations of more than one
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