Aareal Bank AG

Aareal Bank is one of the leading international property specialists. It is active with commercial real estate lending across three continents - in Europe, North America and Asia. Aareal Bank has a broad and solid refinancing base, which is the basis for it’s sustainable business model. It has established itself as a regular issuer of German Pfandbriefe. Its capital market activities focus on private placements including promissory notes, debt securities and Pfandbriefe. These are complemented by larger, public placements that are issued depending on market conditions. In addition, the bank generates deposits from its long-term business relationships with companies from the institutional housing industry, and with institutional investors.

Rating
Moody's
Fitch
Mortgage Pfandbrief
Aaa
-
Public Pfandbrief
-
-
short-term liabilities
-
-
long-term liabilities
-
-
financial strength
-
-
Issuer Default Rating/Issuer Rating
A3
BBB+
Selected key figures
Total assets
Mortgage loan portfolio
of which cross-border
Mortgage loan commitments
of which cross-border
Public-sector loan portfolio
of which cross-border
Jumbo issues outstanding
Benchmark issues outstanding
2020 in Mio €
45,478
29,115
25,167
7,244
6,791
1,788.90
373
-
4,989
2019 in Mio €
41,137
27,881
23,758
7,708
6,899
2,242.90
745.40
-
5,678
issuer
Aareal Bank AG
Aareal Bank AG
Aareal Bank AG
Aareal Bank AG
Aareal Bank AG
Aareal Bank AG
Aareal Bank AG
Aareal Bank AG
Aareal Bank AG
Kind of Pfandbrief
HypPfe
HypPfe
HypPfe
HypPfe
HypPfe
HypPfe
HypPfe
HypPfe
HypPfe
Maturity
2023-02-01
2023-07-31
2028-09-15
2026-08-03
2024-07-30
2025-07-15
2024-02-01
2027-07-08
2028-02-01
Spread*
-3.2
-3.3
-1.7
-3.2
-3.8
-2.8
-3.4
-3.4
-2.7
volume outstanding
750,000,000
500,000,000
500,000,000
500,000,000
500,000,000
500,000,000
750,000,000
500,000,000
500,000,000
Cupon
0.125
0.125
0.010
0.010
0.375
0.375
0.125
0.010
0.010
ISIN
DE000AAR0231
DE000AAR0223
DE000AAR0306
DE000AAR0272
DE000AAR0207
DE000AAR0215
DE000AAR0249
DE000AAR0256
DE000AAR0280

data as of 2021-09-28

Average indications as compiled by vdp and banks that participate in the compilation of the average spreads as part of the "vdp Secondary Market Transparency Initiative" – referred to in the following as "average spreads". The vdp and the banks that participate in the compilation of the average spreads assume no guarantee, warranty or liability, for whatever reason, for the correctness, accuracy, topicality, completeness, appropriateness or the suitability for any purpose to third party of any of the average spreads published on the vdp’s internet pages. The vdp and the banks that participate in the Secondary Market Transparency Initiative bear no responsibility for any actions or omissions whatsoever that may result directly or indirectly from the use of or reference to the average spreads. The vdp and the banks that participate in the Secondary Market Transparency Initiative (see above) exclude all liability for any damage or loss resulting from, directly or indirectly, the use of or from reference to the average spreads. The average spreads are intended for informational purposes only. They do not constitute any recommendation to purchase or to sell any securities or investment, nor are they to be construed as an assurance or indication that any developments or forecasts will be realized. The average spreads respectively the vdp-Secondary Market Transparency Initiative are not representing a benchmark according to the European Regulation (EU) 2016/1011 (EU-Benchmark-Regulation). To usage of the spreads for a purpose which would lead to a qualification as a benchmark is explicitly not permitted. The vdp reserves the right to modify, limit or discontinue the vdp Secondary Market Transparency Initiative at any time or, subject to compliance with law and regulation, to charge for its publication.