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Aareal Bank AG (ARLG.DE)

ARLG.DE on Xetra

25.84EUR
16 Aug 2019
Change (% chg)

€0.74 (+2.95%)
Prev Close
€25.10
Open
€25.19
Day's High
€25.84
Day's Low
€25.10
Volume
291,224
Avg. Vol
308,739
52-wk High
€37.18
52-wk Low
€22.44

Latest Key Developments (Source: Significant Developments)

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 Bank Q3 operating profit up 11 pct to 82 mln eur
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Aareal Bank AG :Affirms full-year guidance, after good third quarter.Q3 operating profit rose 11 percent to 82 million eur.Q3 eps 0.78 eur versus 0.70 eur year ago.Says ‍consolidated operating profit of eur 82 million for q3 (q3 2016: eur 74 million)​.Says ‍full-year outlook for 2017 affirmed: aareal bank anticipates consolidated operating profit of between eur 310 million and eur 350 million​.Says ‍structured property financing segment originated eur 1.9 billion in new business during q3 (q3 2016: eur 1.6 billion)​.Says ‍net commission income rises to eur 48 million (q3 2016: eur 44 million), thanks to aareon's sustained positive development​.  Full Article

Aareal Bank successfully places $625 mln mortgage pfandbrief
Wednesday, 6 Sep 2017 

Sept 6 (Reuters) - Aareal Bank Ag :Says successfully places usd 625 million mortgage pfandbrief on capital market.Says benchmark bond was issued with a coupon of 1.875 % and will be payable on maturity on 15 september 2020.Says issue price was 99.666 %. Thus, pfandbrief has a 1.991 % yield.Says since issue met with strong interest from national and international investors, order book volume exceeded usd 1 billion.  Full Article