Financial expert warns of risks: Rating agencies lower credit ratings of PBB and Aareal Bank due to US real estate market.

Financial expert warns of risks: Rating agencies lower credit ratings of PBB and Aareal Bank due to US real estate market.

According to a report from www.faz.net, Deutsche Pfandbriefbank (PBB) suffered another setback and the shares lost up to 12 percent in value. The rating agency S&P Global lowered the Munich real estate financier's credit rating due to its high exposure to the American commercial real estate market. Aareal Bank is also under pressure as Fitch has also downgraded its credit rating. The uncertain situation in the US office real estate market is having a concrete impact on the balance sheets of the financial institutions that are involved there.

The downgrade of both banks' credit ratings could lead to institutional investors such as insurers and pension funds no longer investing in their bonds. This will tighten the financing situation, which could have further negative effects on the market. The high vacancy rate of office properties in the USA and the declining value of these properties increase the risk of loan defaults among financial institutions.

However, there remains hope that the market could recover if central banks adjust their monetary policy and cut interest rates. A recovery in office building rentals in the USA could also mean a positive development for banks. However, uncertainty remains and market expectations are divided.

Overall, the situation in the US commercial real estate market is uncertain and unstable, which has a direct impact on the financial industry. The downgrade of the credit rating of Deutsche Pfandbriefbank and Aareal Bank will influence further developments and possibly lead to a tightening of financing conditions. Financial professionals must continue to monitor these developments closely in order to respond appropriately.