Aareal Bank

Aareal Bank AG
Company typePublic (Aktiengesellschaft)
ISINDE0005408116
IndustryFinancial services
Founded1922; 102 years ago (1922)
Headquarters,
Key people
ProductsStructured Property Finance and Consulting Services for the housing sector
Total assets45.5 billion (2020)[1]
Owner
  • Atlantic BidCo GmbH
  • (2023–present)
Number of employees
2,982 [1]
Websitewww.aareal-bank.com

Aareal Bank AG is an international company listed on the MDAX index with headquarters in Wiesbaden, Germany,[2] which traded as DePfa Deutsche Bau- und Bodenbank AG and formed part of the DePfa Gruppe until 2002.

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.[3][4][5]

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.[6][7]

  1. ^ a b "Annual Report 2020" (PDF). Aareal Bank AG. Retrieved 21 September 2021.
  2. ^ "Annual Report 2015" (PDF). Aareal Bank AG. Archived from the original (PDF) on 2016-04-11. Retrieved 30 March 2016.
  3. ^ "Investment agreement and takeover offer". Aareal Bank. Retrieved 2023-08-13.
  4. ^ "Investments - Advent International". Advent International. Retrieved 2023-08-13.
  5. ^ "Hengeler Mueller advises Advent and Centerbridge on the completion of the takeover offer for Aareal Bank". Hengeler Mueller. Retrieved 2023-08-13.
  6. ^ "The list of significant supervised entities and the list of less significant institutions" (PDF). European Central Bank. 4 September 2014.
  7. ^ "List of supervised entities" (PDF). European Central Bank. 1 January 2023.