German real estate company Deutsche Wohnen reported a net profit of €99.3 million ($106.7 million) for the first quarter of the year, compared to a loss of €667.9 million last year. Excluding items, earnings before taxes increased to €141.3 million or €0.36 per share from previous year’s €136.8 million or €0.34 per share. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) stood at €163.2 million as against €159.6 million in 2023. Value-add adjusted EBITDA was €3.1 million, up from previous year’s €2.2 million. Excluding items, rental EBITDA moved up to €160.4 mill…