DB Real Estate to use Aareon software to manage its properties (DE)

Aareon AG, a subsidiary of Aareal Bank AG, and Europe’s leading international consultancy and IT systems house for the property sector, and DB Real Estate (Germany), a part of Deutsche Bank Group, have entered into an agreement whereby DB Real Estate (Germany) will implement Aareon´s Blue Eagle property management software to manage its entire property portfolio in Germany. This comprises around six million square metres of office, retail and storage space, as well as residential properties.

Approximately 300 users at DB Real Estate will start working with Blue Eagle from 1 January 2005. Aareon has thereby gained another major

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