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
/en/media/press/detail/pbb-2024-mit-deutlich-verbessertem-gewinn/
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 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
/en/media/press/detail/pbb-steigert-operatives-ergebnis-im-neun-monatszeitraum/
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
/en/media/press/detail/pbb-im-1-halbjahr-2024-mit-47-mio-eur-vorsteuerergebnis/
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
/en/media/press/detail/office-real-estate-ppbix-posts-another-decline/
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
/en/media/press/detail/office-real-estate-pbbix-still-on-the-slide/
pbb increases pre-tax profit by approximately €90 million to €242 million – focus on expansion of core business despite increasing uncertainty
€9 billion, exceeding guidance of between €7 billion - €8 billion – gross margin down slightly on previous [...] also significantly higher than the target of €7 billion to €8 billion. As expected, average margins on new [...] from fair value measurement (€10 million; 2020: €-8 million) also contributed. Due to higher expenses
/en/media/press/detail/pbb-increases-2021-pre-tax-profit/
pbbIX up to -0.91 index points in Q3 – recession in office markets is weakening
calendar adjustment, real gross domestic product was 1.8% higher quarter-on-quarter and 2.5% higher than in [...] billion spent on office properties across the big 7 markets in the third quarter. High volumes and ongoing [...] 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/
pbb increases 9-month pre-tax profit to €186 million – full-year result expected at the upper end of guidance, or slightly above
9m2020 New business volume grows significantly, to €5.7 billion – gross margins stable year-to-date CEO Andreas [...] Commercial Real Estate Finance business totalled €5.7 billion in the first nine months of the year, up from [...] the previous year, to €27.0 billion (Q2 2021: €26.8 billion). An Extraordinary General Meeting will take
/en/media/press/detail/pbb-increases-9-month-pre-tax-profit/
