DGAP-News: Deutsche Konsum REIT with revenue jump in the first quarter of 2019/2020 - Purchase volume of the entire previous year already exceeded
Broderstorf, 13 February 2020 - Deutsche Konsum REIT-AG ("DKR") (ISIN DE000A14KRD3) grew strongly and profitably in the first quarter of FY 2019/2020 ("Q1"), as expected.
- Broderstorf, 13 February 2020 - Deutsche Konsum REIT-AG ("DKR") (ISIN DE000A14KRD3) grew strongly and profitably in the first quarter of FY 2019/2020 ("Q1"), as expected.
- The aFFO (FFO after deduction of capitalised modernisation measures) amounted to EUR 3.5 million (2018/2019: EUR 5.1 million) due to current revitalisation projects for various properties.
- Due to its REIT status ('Real Estate Investment Trust'), the company is exempt from corporation and trade tax.
- The shares of the company are listed on the Prime Standard of the Deutsche Brse (ISIN: DE 000A14KRD3).