Retrieved on:
Thursday, October 26, 2023
Insurance,
FIO,
Housing,
Pressure,
GEG,
Growth,
SMART,
Heat,
AG,
Cryptocurrency,
Real estate,
Arms industry,
EP Europace Europace transaction volume rises by 7 per cent compared with Q2 2023; transaction volume per sales day falls by 2 per cent
Key Points:
- Europace transaction volume rises by 7 per cent compared with Q2 2023; transaction volume per sales day falls by 2 per cent
Berlin, 20 October 2023: The volume of mortgage finance transactions on Europace rose slightly in the third quarter compared with the preceding quarter.
- The volume of mortgage finance transactions rose by 9 per cent to €14 billion (volume per sales day: down by 1 per cent).
- On FINMAS, the sub-marketplace for institutions in the savings banks sector, the volume of transactions rose by 13 per cent compared with the second quarter to reach €1.9 billion (volume per sales day: up by 3 per cent).
- “Back in the third quarter of last year, we saw an unprecedented slump in the volume of mortgage finance transactions,” said Ronald Slabke, Chief Executive Officer of Hypoport SE, explaining the reasons for the small increase in the mortgage finance volume.
Retrieved on:
Thursday, October 26, 2023
Berlin, 14 August 2023: In the second quarter of 2023, the Hypoport Group’s revenue and earnings fell slightly compared with the first quarter of 2023.
Key Points:
- Berlin, 14 August 2023: In the second quarter of 2023, the Hypoport Group’s revenue and earnings fell slightly compared with the first quarter of 2023.
- By contrast, the Credit Platform segment, which centres around the online B2B lending marketplace Europace, delivered a solid performance in Q2 2023.
- Europace did record a slight fall in transaction volume* of 5 per cent to €16 billion against the backdrop of a sluggish overall market and discussions in the media about the German Buildings Energy Act (GEG).
- The increase in revenue meant that EBITDA improved by 7 per cent to €7.1 million and EBIT by 9 per cent to €4.3 million.
Insurance,
Uncertainty,
Pressure,
Housing,
Policy,
AG,
FIO,
Government,
Heat,
Environment,
SMART,
GEG,
Arms industry,
Cryptocurrency,
Real estate,
EP Europace However, the volume per working day, which takes into account the higher number of public holidays in the second quarter, was up by a modest 3 per cent.
Key Points:
- However, the volume per working day, which takes into account the higher number of public holidays in the second quarter, was up by a modest 3 per cent.
- The volume of mortgage finance transactions edged down by 3 per cent to €13 billion but rose by 5 per cent per working day.
- Compared with the first quarter of 2023, the transaction volume in the building finance product group fell by 15 per cent to €1.8 billion in the second quarter of 2023 (down by 7 per cent per working day).
- In the cooperative banking sector, institutions used the dedicated GENOPACE sub-marketplace to generate a volume of €2.7 billion, representing a rise of 5 per cent (13 per cent per working day).
Berlin, 8 May 2023: In the first quarter of 2023, the Hypoport Group recorded modest increases in revenue and earnings compared with the fourth quarter of 2022.
Key Points:
- Berlin, 8 May 2023: In the first quarter of 2023, the Hypoport Group recorded modest increases in revenue and earnings compared with the fourth quarter of 2022.
- The Credit Platform segment, which centres around the online B2B lending marketplace Europace, performed in line with expectations in the first three months of 2023.
- These effects, combined with cost reductions, allowed the Real Estate Platform segment’s EBIT to improve significantly from a loss of €4 million to a loss of €1 million.
- “Given the prevailing conditions, Hypoport has made a successful start to 2023.” says Ronald Slabke, Chief Executive Officer of Hypoport SE, commenting on the first quarter.
Retrieved on:
Wednesday, April 19, 2023
This was due to the exceptional situation that arose in the mortgage finance market from summer 2022.
Key Points:
- This was due to the exceptional situation that arose in the mortgage finance market from summer 2022.
- Compared with the fourth quarter of 2022, the transaction volume in the building finance product group fell by 16 per cent to €2.1 billion in the first quarter of 2023.
- On FINMAS, the sub-marketplace for institutions in the savings banks sector, the volume of transactions rose by 17 per cent to €1.7 billion compared with the fourth quarter of 2022.
- This assumption has now been borne out by the modest increase in the volume in the first quarter of 2023 compared with the fourth quarter of 2022.
Retrieved on:
Wednesday, April 19, 2023
