PropertyEU

Aareal eyes new business as lending profits grow

By A staff reporter 2011-05-10T00:00:00

German lender Aareal Bank reported an operating profit of EUR 43 mln for its structured property financing business in the first quarter of 2011, up from EUR 24 mln in the same period last year and EUR 31 mln in the last three months of 2010.

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