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 [...] months of the year, the overall economy shrank by 0.3% in the fourth quarter. GDP ended the year with a [...] construction activity was also rather slow; at 1.3 million sqm, it fell short of the previous year’s
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Annual General Meeting 2024
in connection with agenda items Agenda item no. 3: "Discharge of the members of the Supervisory Board" [...] "Election to the Supervisory Board" Agenda item no. 5: "Election to the Supervisory Board" (Correction of [...] Hotline +49 89 210 27 250 Monday to Friday 8am - 5pm (MEST) (except Bavarian Holidays)
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pbb generates profit before tax of €47 million in the first half of 2024
allowance amounted to €-3 million in the first half of the year, following €-5 million in the first six [...] d in stage 3. The remaining management overlay as at 30 June 2024 was €9 million. Stage 3 loss allowance [...] in the first six months of the year (H1 2023: €2.5 billion, in each case including extensions by more
/en/media/press/detail/pbb-im-1-halbjahr-2024-mit-47-mio-eur-vorsteuerergebnis/
pbb increases operating income in the first nine months of the year
reaches €425 million Net interest income increases by 3 percent to €359 million (YoY) Increase in new business [...] provisioning rises further, as expected, but declined in Q3 Change to the Basel IV F-IRBA approach approved as [...] business volume for the nine-month period totalled €2.5 billion (9M23: €4.2 billion; in each case including
/en/media/press/detail/pbb-steigert-operatives-ergebnis-im-neun-monatszeitraum/
pbbIX maintains sideways trend
first nine months of 2023 Top rents in Q3 2024 rise by just under 5.5% year-on-year Garching, 18 November [...] quarter of 2024 exceeded the previous year’s figure by 5.5%. Competition for prime space in central locations [...] year-to-date rental performance decline by 7% and 5%, respectively, while Stuttgart and Munich posted
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pbb with significantly improved profit in 2024
placed long-term funding volume totalled € 2.5 billion (2023: € 3.3 billion). The decline is in line with the [...] is expected to be increased to a level between 3.5 to 4.5% RoTE. For 2024, pbb will propose the payment [...] pbb anticipates a volume of between € 6.5 billion and € 7.5 billion for 2025, and a portfolio volume
/en/media/press/detail/pbb-2024-mit-deutlich-verbessertem-gewinn/
pbb makes a solid start in 2025
Positive effects of €5 million were achieved in stages 1 and 2 of risk provisioning. Stage 3 risk provisioning [...] strategic flexibility. With a liquidity position of over €5 billion and a liquidity coverage ratio of 211% at [...] above the regulatory minimum requirements. At 15.5% (Basel IV, F-IRBA), the CET 1 ratio is at a good
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