Deutsche Bank Results Presentation Deck
Commercial Real Estate (CRE)
Focus portfolio comprised of IB and CB non-recourse CRE lending
CRE portfolio: € 33bn
Of total loans
>
€ 488bn
Q1 2023
US Office:
<1%
Other CRE:
6%
APAC
EU
Other
By region
13%
37%
43%
By sector
€ 33bn 50% US
Retail
€ 33bn
11%
34% Office
12%
Q1 2023
Hospitality
CRE portfolio accounts for 7% of total loans and
remains well diversified across regions and sectors
Note: additional details provided on slide 38; for footnotes refer to slides 45 and 46
Deutsche Bank
Q1 2023 results
Investor Relations
April 27, 2023
IB CRE: € 28bn
Retail
Hotel
Other Office
US Office
Residential
Other¹
28
2
3
3
5
5
10
<1% of
total loans
Q1 2023
Limited US Office exposure; ~80% in
Class A properties
Risk management and mitigations
> Geographically diverse, well located
institutional quality assets
> Strong institutional sponsors with
significant cash equity invested
> Tight loan structures with moderate
LTVs and maturity extensions subject
to financial covenants
> Stress testing to identify loans with
elevated refinancing risk; pro-active
engagement with borrowers to
achieve balanced loan extensions
>
for Stage 3, in line with prior quarters²
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