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Aareal Bank AG (ARLG.DE)

ARLG.DE on Xetra

26.40EUR
8:22pm IST
Change (% chg)

€-0.15 (-0.56%)
Prev Close
€26.55
Open
€26.70
Day's High
€26.78
Day's Low
€26.14
Volume
404,288
Avg. Vol
241,177
52-wk High
€31.68
52-wk Low
€22.44

Latest Key Developments (Source: Significant Developments)

Aareal looked at Aareon majority stake sale, decided against it
Tuesday, 12 Nov 2019 

Nov 12 (Reuters) - Aareal Bank AG CEO says::IT IS POSSIBLE THAT WE COULD SEE A DEAL INVOLVING AAREON UNIT THIS YEAR.RULES OUT MAJORITY SALE OF AAREON DUE TO TECHNICAL, BALANCE SHEET AND REGULATORY REASONS.MINORITY SALE OF AAREON POSSIBLE, BUT NOT DESPARATELY IN SEARCH FOR INVESTOR.HAVE LOOKED AT POTENTIAL MAJORITY SALE OF AAREON, BUT WILL NOT PURSUE THIS OPTION.HE PLANS STRATEGY UPDATE IN FEBRUARY.IF OR TO WHAT EXTENT WE PAY A SUPPLEMENTARY DIVIDEND HAS NOT YET BEEN DECIDED, HAVE TO TAKE ECONOMIC ENVIRONMENT INTO ACCOUNT.AAREAL CEO SAYS WE ENGAGE IN AN ACTIVE DIALOGUE WITH SHAREHOLDERS, DOES NOT COMMENT WHETHER ANY TALKS WITH ACTIVIST INVESTOR TELEIOS.  Full Article

Aareal Bank Sees 2019 Consolidated Oper Profit At Lower End Of EUR 240-280 Mln Range
Tuesday, 12 Nov 2019 

Nov 12 (Reuters) - Aareal Bank AG ::DGAP-NEWS: AAREAL BANK GROUP POSTS A SOLID RESULT FOR THE THIRD QUARTER.CONSOLIDATED OPERATING PROFIT OF EUR 64 MILLION FOR Q3 (Q2 2019: EUR 61 MILLION; Q3 2018: EUR 70 MILLION).NET INTEREST INCOME STABLE AT EUR 134 MILLION, IN SPITE OF EXTREME LOW INTEREST RATE ENVIRONMENT.STRONG NEW BUSINESS IN STRUCTURED PROPERTY FINANCING SEGMENT.HIGHER LOSS ALLOWANCE DUE TO ACCELERATED DE-RISKING.ANNUAL GUIDANCE SPECIFIED: CONSOLIDATED OPERATING PROFIT EXPECTED AT LOWER END OF EUR 240 MILLION TO EUR 280 MILLION COMMUNICATED RANGE.SEES TO EXPECT NET INTEREST INCOME (EXCLUDING NET DERECOGNITION GAIN) IN A RANGE OF EUR 530 MILLION TO EUR 560 MILLION FOR R 2019.ANTICIPATED RANGE FOR FULL-YEAR LOSS ALLOWANCE HAS BEEN INCREASED TO BETWEEN EUR 80 MILLION AND EUR 110 MILLION.NOW EXPECTS A NET DERECOGNITION GAIN OF EUR 40 MILLION TO EUR 60 MILLION, WHICH IS ABOUT EUR 20 MILLION HIGHER THAN ORIGINAL ESTIMATE.  Full Article

Aareal Shareholder Teleios Urges Co To Consider Sale Of Software Division
Friday, 27 Sep 2019 

Sept 27 (Reuters) - Teleios Capital::URGES AAREAL BANK TO CONSIDER SALE OF ITS SOFTWARE DIVISION AAREON.  Full Article

Aareal Bank Acquires Stake In Proptech1 Ventures
Thursday, 27 Jun 2019 

June 27 (Reuters) - Aareal Bank AG ::AAREAL BANK GROUP HAS ACQUIRED A STAKE IN PROPTECH1 VENTURES, A VENTURE CAPITAL FUND THAT FOCUSES ON THE REAL ESTATE SECTOR AND SPECIALISES IN EUROPEAN PROPTECH START-UPS.MID-SINGLE-DIGIT MILLION EURO INVESTMENT IN PROPTECH1 VENTURES.  Full Article

Aareal In Talks About Reducing NPL Portfolio - CFO
Thursday, 9 May 2019 

May 9 (Reuters) - Aareal Bank AG CFO::ARE IN TALKS WITH VARIOUS SUITORS ABOUT REDUCING NPL PORTFOLIO.  Full Article

Aareal Bank Completes Acquisition Of Düsseldorfer Hypothekenbank AG
Wednesday, 2 Jan 2019 

Jan 2 (Reuters) - Aareal Bank AG ::DGAP-NEWS: AAREAL BANK AG: AAREAL BANK GROUP SUCCESSFULLY COMPLETES ACQUISITION OF DÜSSELDORFER HYPOTHEKENBANK AG.TRANSACTION WILL LEAD TO A POSITIVE ONE-OFF EFFECT FROM INITIAL CONSOLIDATION (NEGATIVE GOODWILL) IN AMOUNT OF APPROXIMATELY EUR 52 MILLION.EXACT FIGURE IS SUBJECT TO ADJUSTMENTS WHICH ARE NOW BEING DETERMINED WITH REFERENCE TO CLOSING DATE.WILL NOT PURSUE ANY FURTHER STRATEGIC OBJECTIVES WITH ACQUISITION.  Full Article

Aareal Bank Forecasts Decline In 2018 Operating Profit
Wednesday, 28 Feb 2018 

Feb 28 (Reuters) - Aareal Bank Ag ::DGAP-NEWS: AAREAL BANK GROUP PROPOSES A MARKED INCREASE IN THE DIVIDEND, FROM EUR 2.00 TO EUR 2.50 PER SHARE, REFLECTING A STRONG FINANCIAL YEAR 2017.‍CONSOLIDATED OPERATING PROFIT 2017 OF EUR 328 MILLION​.‍PROPOSED DIVIDEND OF EUR 2.50 PER SHARE​.‍Q4 ACCOUNTED FOR CONSOLIDATED OPERATING PROFIT OF EUR 66 MILLION​.‍IMPLEMENTATION OF "AAREAL 2020" PROGRAMME IS FULLY ON TRACK AT MID-TERM POINT​.‍ANTICIPATES CHALLENGING BUSINESS ENVIRONMENT TO PREVAIL DURING CURRENT FINANCIAL YEAR​.‍ANTICIPATES CONSOLIDATED NET INTEREST INCOME FOR FULL YEAR 2018 BETWEEN EUR 570 MILLION AND EUR 610 MILLION​.‍EXPECTS CONSOLIDATED OPERATING PROFIT FOR CURRENT YEAR TO BE IN A RANGE BETWEEN EUR 260 MILLION AND EUR 300 MILLION​.‍WILL CONTINUE REDUCTION OF NON-STRATEGIC PORTFOLIOS IN STRUCTURED PROPERTY FINANCING SEGMENT DURING 2018​.  Full Article

Aareal open to partnership talks for software unit: sources

FRANKFURT German real estate lender Aareal is open to talks with potential buyers of its software business Aareon following calls from an activist investor to consider a sale, people close to the matter said.