Aareal Bank AG (OTC: AAALY) is an international company 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 (OTC: AAALY) 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.
Company type | Public (Aktiengesellschaft) |
Traded as | FWB: ARL MDAX component |
ISIN | DE0005408116 |
Industry | Financial services |
Founded | 1922; 102 years ago |
Headquarters | Wiesbaden , Germany |
Key people | Hermann J. Merkens (chairman of the management board) Marija Korsch (chairman of the supervisory board) |
Products | Structured Property Finance and Consulting Services for the housing sector |
Total assets | €45.5 billion (2020) |
Owner | Atlantic BidCo GmbH (2023–present) |
Number of employees | 2,982 |
Website | www.aareal-bank.com |
Leave a Reply