Patrizia AG
XETRA:PAT
Patrizia AG
PATRIZIA AG is a holding company, which engages in the acquisition, management, reposition, and sale of residential and commercial real estate through its own licensed investment platforms. The company is headquartered in Augsburg, Bayern and currently employs 946 full-time employees. The company went IPO on 2008-02-25. The Company’s business activities include the acquisition, management, repositioning and disposal of residential and commercial real estate through its own licensed investment platforms. The firm provides institutional, semi-professional and private investors with direct and indirect real estate investments across the European countries. The firm manages real estate assets, primarily as portfolio manager and selectively as co-investor for insurance companies, pension fund institutions, sovereign funds, savings and cooperative banks. The firm operates through more than 20 offices around the world.
PATRIZIA AG is a holding company, which engages in the acquisition, management, reposition, and sale of residential and commercial real estate through its own licensed investment platforms. The company is headquartered in Augsburg, Bayern and currently employs 946 full-time employees. The company went IPO on 2008-02-25. The Company’s business activities include the acquisition, management, repositioning and disposal of residential and commercial real estate through its own licensed investment platforms. The firm provides institutional, semi-professional and private investors with direct and indirect real estate investments across the European countries. The firm manages real estate assets, primarily as portfolio manager and selectively as co-investor for insurance companies, pension fund institutions, sovereign funds, savings and cooperative banks. The firm operates through more than 20 offices around the world.
EBITDA Growth: EBITDA rose by 11.5% year-on-year in Q1, driven by reduced staff and operating costs.
Margin Improvement: EBITDA margin increased by 3.1 percentage points to 23.4%, surpassing the guided range.
AUM Stability: Assets under management remained relatively stable at EUR 56.1 billion, with the highest organic AUM growth since Q4 2023.
Cost Efficiency: Staff costs and other operating expenses dropped by 13% and 10%, respectively, reflecting recent reorganization.
Guidance Unchanged: Management confirmed full-year guidance for AUM, EBITDA, and EBITDA margin.
Positive Market Outlook: Management sees Q1 as a possible inflection point with improving investor sentiment and market activity.
