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    Aroundtown's first-quarter profit halves even as German property prices rise

    Picture of Aroundtown SA logoAroundtown SA
    27/05/2026 05:44
    Aroundtown's first-quarter profit halves even as German property prices rise
    
    May 27 (Reuters) - Aroundtown AT1.DE, one of Germany's largest listed landlords, reported a quarterly net profit of €118.9 million ($138.4 million) on Wednesday, down by more than a half from €319 million a year ago, even as German commercial property prices keep rising after years of declines.
    ($1 = 0.8592 euros)

    (Reporting by Paolo Laudani in Gdansk, editing by Milla Nissi-Prussak)
    ((Paolo.Laudani@thomsonreuters.com))

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