Germany's Aroundtown posts nine-month profit, continues recovery

Aroundtown SA

26/11/2025 05:39

Nov 26 (Reuters) - Aroundtown AT1.DE, one of Germany's largest listed landlords, reported a nine-month profit of 882.3 million euros ($1.0 billion) on Wednesday, as it continues to recover from the country's worst property crisis in decades.

The result compares to a loss of 154 million euros in the first nine months of 2024 and comes after Aroundtown posted its first annual profit in three years in March.

($1 = 0.8632 euros)

(Reporting by Marleen Kaesebier and Emanuele Berro in Gdansk, editing by Milla Nissi)

((Marleen.Kaesebier@thomsonreuters.com; chiara.holzhaeuser@thomsonreuters.com))