Aareal Bank

Aareal Bank AG is an international company listed on the MDAX index with headquarters in Wiesbaden, Germany, which traded as DePfa Deutsche Bau- und Bodenbank AG and formed part of the DePfa Gruppe until 2002.

Aareal Bank AG
Company typePublic (Aktiengesellschaft)
Traded as
ISINDE0005408116
IndustryFinancial services
Founded1922 (1922)
Headquarters
Wiesbaden
,
Key people
  • Hermann J. Merkens
  • (chairman of the management board)
  • Marija Korsch
  • (chairman of the supervisory board)
ProductsStructured Property Finance and Consulting Services for the housing sector
Total assets45.5 billion (2020)
Owner
  • Atlantic BidCo GmbH
  • (2023–present)
Number of employees
2,982
Websitewww.aareal-bank.com

The company is represented on three continents (Europe, North America and the Asia-Pacific region) and oversees property financing in more than 20 countries. It has been listed on the German stock exchange since 2002.

In 2023, Atlantic BidCo GmbH (ABC) took control of Aareal Bank after a public takeover offer was completed. ABC is a company formed by a group of investors led by Advent International, Centerbridge Partners and a subsidiary of CPP Investments.

Aareal has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.