Germany: Aroundtown posts $360.21 million profit in Q1 2025
GDANSK: Aroundtown, one of Germany’s largest-listed landlords, posted a first-quarter profit of 318.6 million euros ($360.21 million) on Wednesday, up three times year-on-year, as German commercial and residential property prices start to recover. The profit, up from 102.3 million euros in the same period in 2024, follows Aroundtown’s return to annual profitability in March after two years of losses as the country’s real estate sector grappled with its worst crisis in decades. Last month, German officials announced the loosening of a regulatory measure designed to soften the blow of a property crisis, a sign they are somewhat less worried about…