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Aroundtown Swings to €457.1 Million Loss After Property Write-Downs

Company Cuts Dividend to Preserve Cash Citing Macro-Economic Uncertainty
The Behördenzentrum in Frankfurt is one of Aroundtown's properties. (CoStar)
The Behördenzentrum in Frankfurt is one of Aroundtown's properties. (CoStar)
CoStar News
March 29, 2023 | 9:17 AM

Aroundtown has reported a €457.1 million loss in 2022 following a write-down of its property portfolio.

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News | Aroundtown Swings to €457.1 Million Loss After Property Write-Downs