Aroundtown posts first-quarter profit, triple last year's
28/05/2025 05:50
May 28 (Reuters) - Aroundtown AT1.DE, one of Germany's largest listed landlords, posted a first-quarter profit of 318.6 million euros ($360.21 million) on Wednesday at a time when German commercial property prices are rising after years of declines. The profit was much higher than the 102.3 million euros in the same period in 2024 and comes after Aroundtown posted its first annual profit in three years in March. ($1 = 0.8845 euros) (Reporting by Marleen Kaesebier in Gdansk; Editing by Milla Nissi and Jamie Freed) ((Marleen.Kaesebier@thomsonreuters.com; chiara.holzhaeuser@thomsonreuters.com))
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