Press Information

12.11.2007
Aareal Bank reports strong nine-month results 2007
Aareal Bank Group consolidated net profit after minority interests was € 272 million for the first nine months of the 2007 financial year. With this record value, the bank almost quadrupled the figure recorded for the first nine months of 2006.... more >
11.10.2007
Aareal Bank sponsors “Petersburger Dialog”
Aareal Bank AG is sponsoring this year for the first time the seventh “Petersburger Dialog”, which will be held from 13 to 15 October in Wiesbaden, where the bank has its corporate headquarters. The German- Russian conference with high-ranking... more >
20.09.2007
Christian Feldbrügge appointed new Director of Corporate Communications / Public Relations at Aareal Bank
Christian Feldbrügge (40) is the new Director of Corporate Communications / Public Relations at Aareal Bank AG. Within the scope of this newly created post, Feldbrügge will be responsible for press and public relations as well as internal bank... more >
22.08.2007
Aareal Bank sells Paco unlimited within the framework of a management buyout
areal Bank Group has sold its “Paco unlimited” product line within the framework of a management buyout. Paco unlimited is an access control and automated micropayment billing system for the institutional housing sector. The client base comprises... more >
21.08.2007
Aareal Bank awarded merchant banking licence in Singapore
Aareal Bank Asia Limited, the Asian subsidiary of Aareal Bank AG (formerly Aareal Financial Services, Singapore), was granted a merchant banking licence by the Monetary Authority of Singapore (MAS) with effect from 15 August 2007. The authority... more >
15.08.2007
Aareal Bank sells majority stake in Immobilien Scout GmbH, raises earnings forecast for the 2007 financial year
Aareal Bank AG has sold its 66.22% stake in Immobilien Scout GmbH, Berlin, to a syndicate of investors led by Macquarie Bank Ltd and Publishing and Broadcasting Ltd, both based in Sydney, Australia. The purchase price values Immobilien Scout GmbH,... more >
15.08.2007
Announcement in accordance with § 15 WpHG - Aareal Bank sells majority stake in Immobilien Scout GmbH, raises earnings forecast for the 2007 financial year
Aareal Bank AG has sold its 66.22% stake in Immobilien Scout GmbH, Berlin, to a syndicate of investors led by Macquarie Bank Ltd and Publishing and Broadcasting Ltd, both based in Sydney, Australia. The purchase price values Immobilien Scout GmbH at... more >
14.08.2007
Aareal Bank signs pan-European multi-currency Master Facility Agreement with AMB Europe Fund I for a financing volume of up to € 275 million
Aareal Bank signs a multi-currency pan-European Master Facility Agreement with AMB Europe Fund I, FCP-FIS, for a financing volume of up to € 275 million. AMB Europe Fund I, FCP-FIS, managed by AMB Fund Management S.A.R.L., a subsidiary of AMB... more >
13.08.2007
Aareal Bank continues its growth path
Aareal Bank Group consolidated net income after minority interest was up 74.5%, to € 89 million for the first six months of 2007 (H1 2006: € 51 million). These results are attributable to continuous enhancements to operating performance during the... more >
08.08.2007
Christof M. Schörnig resigns from the Management Board of Aareal Bank AG
Christof M. Schörnig has resigned as a member of the Management Board of Aareal Bank with effect from 8 August at his own request to pursue new career options elsewhere. His departure is by mutual agreement, in a spirit of goodwill. more >
30.05.2007
Following the successful turnaround, Aareal Bank's Annual General Meeting passes resolution to resume dividend payments for the first time since 2004
Following its successful turnaround, Aareal Bank AG will resume dividend payments to its shareholders for the 2006 financial year, after two years without distribution. The General Meeting of the international property finance specialist today... more >
11.05.2007
Aareal Bank doubles consolidated net income in the first quarter
Aareal Bank Group consolidated net income after minority interest more than doubled to € 51 million for the first three months of 2007 (Q1 2006: € 25 million). This corresponds to a net return on equity of 19.3%. more >
07.05.2007
Dr. René Beckert new Director of Real Estate Structured Finance Germany South at Aareal Bank
With effect from 1 May 2007, Dr. René Beckert (41) has taken up the management reins of Real Estate Structured Finance Germany, South at Aareal Bank’s Munich office as the division’s Director. In this role, he will be responsible for operating real... more >
03.05.2007
Torsten Althaus new Director of Credit Treasury Structuring at Aareal Bank
With effect from 1 May 2007, Torsten Althaus has taken up the management reins of Credit Treasury Structuring at Aareal Bank AG. In his role he will be responsible for implementing and marketing capital market transactions such as Commercial... more >
25.04.2007
Aareal Bank increases its share in Immobilien Scout GmbH
Aareal Bank AG acquires approx. 23.7% of the shares in Immobilien Scout GmbH, Berlin, from private equity funds of Morgan Stanley and J.H. Whitney. The acquisition was carried out at market conditions. The purchase price is quoted in the middle... more >
25.04.2007
Announcement in accordance with § 15 WpHG - Aareal Bank increases its share in Immobilien Scout GmbH
Aareal Bank AG acquires approx. 23.7% of the shares in Immobilien Scout GmbH, Berlin, from private equity funds of Morgan Stanley and J.H. Whitney. The acquisition was carried out at market conditions. more >
25.04.2007
Aareal Bank reveals its Wiesbaden location
Today, Aareal Bank is celebrating the topping-out ceremony of its new office building in Steubenstraße together with Roland Koch, the Hessian Prime Minister, and Dr. Helmut Georg Müller, the mayor of Wiesbaden. The completion of the extension of the... more >
17.04.2007
Aareal Valuation positioned as Germany’s expert on property valuation and consultancy
Aareal Valuation GmbH, a wholly-owned subsidiary of Aareal Bank, has positioned itself as Germany’s expert on property valuation and consultancy as part of the Aareal Bank Group’s new growth programme, FUTURE 2009, and its continuing globalisation... more >
30.03.2007
Aareal Bank successfully places second Jumbo Pfandbrief issue
Aareal Bank placed its second Jumbo Pfandbrief issue on the capital markets yesterday, continuing its successful Jumbo issuance strategy initiated in 2006. The mortgage bond issue has a 4.0% coupon and a maturity on 1 February 2010. more >
26.03.2007
Aareal Bank publishes results for 2006: solid foundation for profitable growth
Aareal Bank Group enjoyed a very successful financial year in 2006. The operative implementation of the strategic realignment, as set out in a six-point programme, was concluded successfully ahead of schedule: major achievements included a 40%... more >
26.03.2007
Announcement in accordance with § 15 WpHG - Aareal Bank publishes results for 2006: solid foundation for profitable growth
Aareal Bank confirmed the preliminary figures published in February 2007. The results clearly show a significant improvement in the bank’s financial situation, having built a sound basis for profitable growth in its two business segments, Structured... more >
23.03.2007
Aareal Bank sells portfolio of SPLs and NPLs to Merrill Lynch
Aareal Bank has sold another portfolio of sub- and non-performing loans (SPLs/NPLs) to Merrill Lynch’s Global Principal Investments (“ML GPI”). The parties have agreed not to disclose the terms of the sale. more >
08.03.2007
Aareal Bank AG awarded at Central & Eastern European Real Estate Quality Awards for 2006
Aareal Bank AG has won the CEE Real Estate Quality Award for 2006 as the best European Banking and Financial Services Company in Central and Eastern Europe.The award has been presented at the Central & Eastern European Real Estate Quality Awards... more >
01.03.2007
GAGFAH GROUP opts for Real Estate IT Solution Blue Eagle from Aareon
The consultancy and systems company Aareon, Mainz, and the GAGFAH GROUP, Essen, have now signed a contract for the implementation of the IT real estate solution Blue Eagle. The contract was signed following an extensive invitation to tender... more >
21.02.2007
Aareal Bank’s preliminary financial indicators for 2006 show that the bank is back on track
Aareal Bank Group concluded the implementation of its six-point realignment programme for its operating business ahead of forecast. Figures released for the financial year 2006 indicate operating profit of € 160 million: the bank thus fulfilled its... more >
21.02.2007
Announcement in accordance with § 15 WpHG - Aareal Bank’s preliminary financial key figures for 2006
Aareal Bank Group concluded the implementation of its six-point realignment programme for its operating business ahead of forecast. Preliminary figures released for the financial year 2006 indicate operating profit of € 160 million: the bank thus... more >
05.02.2007
Aareal Bank appoints Sven H. Korndörffer as new Managing Director, Corporate Communications
Sven H. Korndörffer, 39, has been appointed Managing Director of Aareal Bank’s Corporate Communications division with effect from 1 April 2007. In this capacity, he will be responsible for Aareal Bank’s external and internal communications. more >
24.01.2007
Change in the management of Corporate Communications
With the successful implementation of Aareal Bank AG’s strategic realignment there will be a change in the management of Corporate Communications already planned for quite some time. The present Head of Corporate Communications, Jörg Müller (42),... more >