pbb with significantly improved profit in 2024
long-term funding volume totalled € 2.5 billion (2023: € 3.3 billion). The decline is in line with the previous [...] (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
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pbbIX maintains sideways trend
compared to the first nine months of 2023 Top rents in Q3 2024 rise by just under 5.5% year-on-year Garching [...] Dusseldorf saw year-to-date rental performance decline by 7% and 5%, respectively, while Stuttgart and Munich [...] Aggregate investment volumes of approximately €2.7 billion for the first nine months were down by around
/en/media/press/detail/pbbix-weiter-mit-seitwaertsbewegung/
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 [...] net reversal of €19 million (9M23: net reversal of €7 million) for loans with no indicators of impaired
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pbb generates profit before tax of €47 million in the first half of 2024
d in stage 3. The remaining management overlay as at 30 June 2024 was €9 million. Stage 3 loss allowance [...] meet its new business guidance (€6.0 billion to €7.0 billion) with a volume of around €6 billion. The [...] Stage 1 and stage 2 loss allowance amounted to €-3 million in the first half of the year, following €-5
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pbb delivers solid first-quarter earnings
vis-à-vis the previous quarters (Q4 2023: €108 million, Q3 2023: €83 million). Currency-adjusted growth of n [...] development. Deposit volumes at pbb direkt rose to €7.1 billion during the first three months of the year
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Office real estate: ppbIX posts another decline
months of the year, the overall economy shrank by 0.3% in the fourth quarter. GDP ended the year with a [...] million sqm found new tenants in 2023, compared with 3.5 million sqm in the previous year, marking the lowest [...] construction activity was also rather slow; at 1.3 million sqm, it fell short of the previous year’s
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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 [...] worth of office property was purchased in the big 7 markets. In particular, this reflected a lack of [...] nine months of the current year were low, at only €3.1 billion. To put this into perspective, transactions
/en/media/press/detail/office-real-estate-pbbix-still-on-the-slide/
