Patrizia AG (FRA:PAT)
€ 7.6 -0.09 (-1.17%) Market Cap: 653.28 Mil Enterprise Value: 691.66 Mil PE Ratio: 0 PB Ratio: 0.57 GF Score: 71/100
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Q4 2020 Patrizia AG Earnings Call Transcript

Mar 18, 2021 / 02:00PM GMT
Release Date Price: €22.4 (+0.45%)
Operator

Ladies and gentlemen, thank you for standing by. I'm Constantino, your Chorus Call operator. Welcome, and thank you for joining PATRIZIA's annual report 2020 conference call. (Operator Instructions)

I would now like to turn the conference over to Karim Bohn. Please go ahead, sir.

Karim Bohn
Patrizia AG - CFO & Member of the Management Board

Thank you, Constantino, and good afternoon, everyone, to our 2020 full year financials conference call. Before we go to Q&A, I'd like to walk you through a brief presentation on key achievements in 2020 and the financials. 2020 was a challenging year for all of us personally and professionally. However, financially, 2020 was a successful year for PATRIZIA. We have achieved -- what we have achieved beyond financials is displayed on Page 3 of the presentation. We have collected EUR 1.9 billion of equity for our global -- from our global clients during the worst economic environment globally. We now manage our assets under management for more than 450 national and international clients. And in 2020, over 30

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