03.06.2022 Aareal Bank AG  DE0005408116

DGAP-News: Aareal Bank expands partnership with APG and Scape through a new green loan


DGAP-News: Aareal Bank AG / Key word(s): Financing
Aareal Bank expands partnership with APG and Scape through a new green loan

03.06.2022 / 09:00
The issuer is solely responsible for the content of this announcement.

Aareal Bank expands partnership with APG and Scape through a new green loan

Wiesbaden, 3 June 2022 – Aareal Bank announces the closing of a green financing agreement with Scape Living Plc, a UK Real Estate Investment Trust that is 100% owned by Dutch pension fund manager APG Asset Management NV. The GBP 157 million senior loan builds on an already successful relationship, comprising a refinancing of the existing Aareal loan on the Scape Mile End Canalside in London, as well as the financing of three additional Scape properties in Wembley and Guildford. The buildings were assessed under Aareal’s Green Finance Framework, a third-party certified model that serves as a basis for future green lending offers and aligns the bank’s credit portfolio towards sustainable criteria.

Michelle Weiss, Head of Hotel Properties at Aareal Bank, said: “Purpose-built student accommodation is a fast-growing sector in which we have been keenly growing over the past years. We are very pleased to continue our collaboration with an investor and operator as active and reputable in this space as APG and Scape, and we look forward to more of such opportunities to expand our student accommodation loan portfolio.”

Featuring top-notch accommodation units, inviting communal spaces and 24/7 on-site support, the Scape properties offer quality living in prime locations. The 4-property, 1,488-bed portfolio is within a short commute to key universities in their respective cities including University College London (UCL), Queen Mary University and the University of Surrey. The additional assets had been acquired in 2021 by APG-backed Scape Living Plc and will retain Scape UK Management Limited as property manager.

APG is one of the world’s largest pension investors. With approximately EUR 627 billion AUM as of November 2021, APG aims to achieve attractive and sustainable investment returns in a responsible way, from across their global offices in Amsterdam, Heerlen, Brussels, New York, and Hong Kong, as well as satellite sites in Beijing and Shanghai. Meanwhile, as one of the leading student accommodation operators in the UK, Scape has been rapidly expanding since its founding in 2012. Globally, Scape currently has over 33,000 beds in operation or construction in Australia, Ireland, the UK and USA.

Oliver Tross
Phone: +49 611 348 2183
Mobile: +49 175 4357 559
[email protected]

Aareal Bank Group
Aareal Bank Group, headquartered in Wiesbaden, is a leading international property specialist. It provides smart financings, software products, and digital solutions for the property sector and related industries, and is present across three continents: Europe, North America and Asia/Pacific. Aareal Bank Group's business strategy focuses on sustainable business success, with environmental, social and governance aspects as an integral part of this strategy. Aareal Bank AG, whose shares are included in Deutsche Börse’s SDAX index, is the Group’s parent entity. It manages the various entities organised in the Group’s business segments: Structured Property Financing, Banking & Digital Solutions, and Aareon. The Structured Property Financing segment encompasses all of Aareal Bank Group’s property financing and funding activities. Here, the Bank supports its clients in making largevolume commercial property investments. The investment properties mostly comprise office buildings, hotels, shopping centres, logistics and residential property, as well as student apartments. In the Banking & Digital Solutions segment, Aareal Bank Group supports businesses from the housing, property management and energy industries as a digitalisation partner – combining extensive advisory services and product solutions with traditional corporate banking services and deposit-taking. Its subsidiary Aareon, the leading supplier of ERP software and digital solutions for the European property sector and their partners, represents the third business segment. Aareon is digitalising the property industry by offering user-oriented software solutions that simplify and automate processes, support sustainable and energy-efficient operations, and interconnect all process participants.

03.06.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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Language: English
Company: Aareal Bank AG
Paulinenstr. 15
65189 Wiesbaden
Phone: +49 (0)611 348 - 0
Fax: +49 (0)611 348 - 2332
E-mail: [email protected]
Internet: www.aareal-bank.com
ISIN: DE0005408116
WKN: 540811
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange; Stockholm
EQS News ID: 1367731

End of News DGAP News Service

1367731  03.06.2022 


Die wichtigsten Finanzdaten auf einen Blick
  2016 2017 2018 2019 2020 2021 2022e
Umsatzerlöse1 943,00 928,00 775,00 764,00 1.118,00 865,00 0,00
EBITDA1,2 366,00 328,00 316,00 248,00 -75,00 155,00 0,00
EBITDA-Marge3 38,81 35,34 40,77 32,46 -6,71 17,92 0,00
EBIT1,4 366,00 328,00 316,00 248,00 -75,00 155,00 0,00
EBIT-Marge5 38,81 35,34 40,77 32,46 -6,71 17,92 0,00
Jahresüberschuss1 234,00 213,00 226,00 163,00 -69,00 68,00 0,00
Netto-Marge6 24,81 22,95 29,16 21,34 -6,17 7,86 0,00
Cashflow1,7 -210,00 -80,00 -294,00 485,00 3.009,00 2.626,00 0,00
Ergebnis je Aktie8 3,33 3,20 3,48 2,42 -1,50 0,89 1,39
Dividende8 2,00 2,50 2,10 0,00 0,40 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2021 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: KPMG

Aareal Bank
WKN Kurs in € Einschätzung Börsenwert in Mio. €
540811 32,900 Halten 1.969,30
KGV 2023e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
19,35 13,95 1,39 12,81
0,66 0,75 2,28 12,71
Dividende '20 in € Dividende '21e in € Div.-Rendite '21e
in %
0,40 0,00 0,00 31.08.2022
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
11.05.2022 11.08.2022 10.11.2022 30.03.2022
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
9,37% 12,73% 14,40% 59,86%
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Banken , 540811 , ARL , XETR:ARL