Patrizia AG (XTRA:PAT) is looking for M&A. Christoph Glaser, Chief Financial Officer said, "We will continue to look for opportunities for organic growth or M&A in the next few quarters while focusing on strengthening our product range and growing our AUM. In the case of hybrid buy-and-build approach, smaller M&A acquisitions will be made possible by an agile, deliberate use of the balance sheet".