India, Aug. 12 -- Patrizia SE (PAT.F), a German investment manager, reported that its net income for the first-half of 2025 was 4.7 million euros compared to a loss of 12.7 million euros last year, mainly due to the positive development of EBITDA, while the previous year was still burdened by value adjustments on real estate assets.
EBITDA almost doubled to 29.1 million euros from 14.7 million euros in the previous year.
Total service fee income declined by 6.5% to 128.3 million euros in the first half of 2025, compared to 137.2 million euros in the same period of 2024. This decrease was primarily driven by a reduction in performance fees, which fell to 11.3 million euros from 16.9 million euros last year. The drop in performance fees was...