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German Bank Helaba Posts €25 Million Real Estate Loss

Despite Real Estate Hit Bank Posted Rising Profits and Forecasts
Ignatz Bubis bridge and city skyline in Frakfurt am Main, Germany. (Getty Images)
Ignatz Bubis bridge and city skyline in Frakfurt am Main, Germany. (Getty Images)
By Thomas Daily
August 25, 2023 | 12:09 P.M.

German lender Helaba has posted a pretax loss of €25 million in its real estate business in the first half of 2023, down from a gain of €145 million in the same period last year., reports CoStar News sister publication Thomas Daily.

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