pbb affirms earnings guidance for 2023 and launches cost-cutting programme
Portfolio grew to €30.2 billion; new business guidance adjusted to between €6.5 billion and €8 billion New business [...] y, the volume of pbb's new business declined to €2.5 billion for the first six months (including extensions [...] new business volume of between €6.5 billion and €8.0 billion. A positive trend was visible in the gross
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pbb reports nine-month profit of €91 million
Portfolio growth in Commercial Real Estate Finance of €1.2 billion over the past nine months (+4%) was accompanied [...] selective stance in originating new business. At €4.2 billion, the volume of new business for the first [...] new business volume forecast of €6.5 billion to €8.0 billion for the full year, which was updated at
/en/media/press/detail/pbb-erzielt-neunmonats-ergebnis-von-91-mio-eur/
Office real estate: pbbIX still on the slide
of 2023, falling to -1.61, the lowest value since Q2 2009. All three components had a negative impact on [...] 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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pbb generates profit before tax of €47 million in the first half of 2024
portfolio has decreased slightly, to €29.8 billion, compared to €30.2 billion in the first half of 2023. Gross [...] market, issuing a total volume of €1.2 billion (H1 2023: €0.8 billion) at solid refinancing costs in [...] billion in the first six months of the year (H1 2023: €2.5 billion, in each case including extensions by more
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pbb increases operating income in the first nine months of the year
funding side, pbb placed the equivalent of €2.0 billion (9m23: €2.8 billion) of new long-term funding in the [...] volume for the nine-month period totalled €2.5 billion (9M23: €4.2 billion; in each case including prolongations [...] the previous quarters and was 34% lower than in Q2. Overall, risk provisioning totalled €-140 million
/en/media/press/detail/pbb-steigert-operatives-ergebnis-im-neun-monatszeitraum/
pbbIX continues slight upward trend
February 2025 - The slight upward trend observed since Q2 2024 remained intact at the end of 2024. The pbbIX [...] 000 m²). Despite the lack of an economic tailwind, 2.7 million m² was let over the year as a whole, 150 [...] noticeably and amounted to a weighted average of 6.8% across all BIG 7 markets at the end of the year.
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pbb with significantly improved profit in 2024
(2023: net addition of € 2 million) for risk provisioning in stages 1 and 2, whereby the management overlay [...] for the lion's share of the volume at € 2.0 billion (2023: € 2.7 billion). Unsecured financing is well [...] 1 billion, new business was selective (2023: € 7.2 billion; including prolongations of more than one
/en/media/press/detail/pbb-2024-mit-deutlich-verbessertem-gewinn/
