Aareal Bank AG (0MG0.IL)
IOB - IOB Delayed price. Currency in EUR
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As of 03:25PM BST. Market open.
| Previous close | 33.05 |
| Open | 0.00 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 33.84 - 33.84 |
| 52-week range | 32.62 - 34.55 |
| Volume | |
| Avg. volume | 0 |
| Market cap | 2.026B |
| Beta (5Y monthly) | 1.05 |
| PE ratio (TTM) | 13.81 |
| EPS (TTM) | 2.45 |
| Earnings date | N/A |
| Forward dividend & yield | 1.60 (4.84%) |
| Ex-dividend date | 25 May 2023 |
| 1y target est | N/A |
- Reuters
German property lender sees weakness in U.S. commercial real estate
A German bank that finances property worldwide is bracing for a possible hit from the U.S. office market this year as it looks for "solutions" with clients to keep loans from souring, its chief executive said. Banks and regulators around the world have identified commercial real estate as a weak link in global finance, with low occupancy rates after the pandemic and a surge in interest rates pressuring the sector. Jochen Kloesges, CEO of German bank Aareal, said the U.S. office market was challenging, though it should be seen in shades of grey rather than black-and-white.
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