PATRIZIA Annual Report 2020 published: Dividend increase for the third time in a row confirms strong and resilient business modelPATRIZIA AG (Real Estate) (Content)

PATRIZIA AG, a leading partner for global real assets, had a solid FY 2020 despite the challenging market environment due to the Covid-19 pandemic. PATRIZIA achieved an operating income of EUR 116.5m. It is proof of the strong and resilient business model even in an adverse economic and market environment. The resilience of investment strategies and the successful business expansion is reflected in further increased assets under management to EUR 47.0bn, an increase of 5.7% y-o-y.

Management Board and Supervisory Board will propose a dividend per share of EUR 0.30 to shareholders at the Company’s AGM on 23 June 2021, another increase by 3.4% y-o-y and the third increase in dividends per share in a row.

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