PATRIZIA 9M 2021 financial results: Strong growth in business activity and continued improvement in earnings quality

PATRIZIA AG, a leading partner for global real assets, generated strong growth in its business activity in the first nine months of 2021, despite the ongoing economic challenges posed by the global Covid-19 pandemic.

During 9M 2021 PATRIZIA signed transactions of EUR 3.7bn on behalf of its global clients, an increase of 40.0% compared to the same period last year. PATRIZIA also raised EUR 2.1bn of equity for investments in European and Global real asset investment strategies. Assets under management (AUM) increased further from EUR 47.0bn at year-end 2020 to EUR 48.7bn as at 30 September 2021.