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Aroundtown Posts €2.47 Billion Loss for 2023 As Property Values Plummet

Project Developments and Offices Suffered the Most
In the UK, Aroundtown owns the Centenary Court office building in Bradford. (CoStar)
In the UK, Aroundtown owns the Centenary Court office building in Bradford. (CoStar)
By Thomas Daily, Bert Erik ten Cate
March 27, 2024 | 11:24 AM

Aroundtown has posted a €2.47 billion loss for 2023 compared with a €360 million profit a year earlier as the value of its property portfolio fell by 11%, or €3.2 billion.

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News | Aroundtown Posts €2.47 Billion Loss for 2023 As Property Values Plummet