EPRA

EQS-News: DEMIRE achieves record in FFO I

Retrieved on: 
Thursday, March 16, 2023
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DEMIRE Deutsche Mittelstand Real Estate AG (ISIN: DE000A0XFSF0) has again improved on its 2021 record results for Funds From Operations I (FFO I, after taxes, before minorities) and rental performance in the financial year 2022.

Key Points: 
  • DEMIRE Deutsche Mittelstand Real Estate AG (ISIN: DE000A0XFSF0) has again improved on its 2021 record results for Funds From Operations I (FFO I, after taxes, before minorities) and rental performance in the financial year 2022.
  • At the beginning of 2022, the Executive Board forecasted FFO I results between EUR 38.5 million and EUR 40.5 million.
  • CEO Prof. Dr. Alexander Goepfert emphasises: "Our remarkable letting performance and the record FFO I show that DEMIRE understands its business very well.
  • The FFO I (after tax, before minorities) is expected between EUR 30.0 million and EUR 32.0 million.

EQS-News: DIC Asset AG: record result in 2022  

Retrieved on: 
Wednesday, February 22, 2023
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DIC Asset AG (“DIC”), ISIN: DE000A1X3XX4, one of Germany’s leading listed property companies, published its consolidated financial statements for 2022 today.

Key Points: 
  • DIC Asset AG (“DIC”), ISIN: DE000A1X3XX4, one of Germany’s leading listed property companies, published its consolidated financial statements for 2022 today.
  • Together with the Institutional Business unit, DIC now has EUR 14.7 billion in assets under management, a year-on-year increase by 28%.
  • The net asset position in the 2022 financial year was mainly defined by the full consolidation of VIB.
  • The full-length 2022 Annual Report of DIC Asset AG was published on 15 February 2023 and is available on the company’s homepage under the link below: https://www.dic-asset.de/en/ir/publications
    The Management Board of DIC Asset AG invites you to attend the presentation of the financial statement for the fiscal year 2022 at 10:00 CET.

EQS-News: VIB Vermögen AG with good results in fiscal year 2022

Retrieved on: 
Wednesday, February 22, 2023
Uncertainty, Financial Oversight and Management Board for Puerto Rico v. Aurelius Investment, LLC, VIB, Acquisition, Supervisory board, Sale, Annual, Guidance, Forecasting, DIC, Partnership, Growth, EPRA, Light, Environment, Overalls, FFO, Tax, Classification, Security (finance), EUR

VIB Vermögen AG ("VIB"), a company specializing in the development, acquisition and portfolio management of commercial properties from the logistics and light industrial asset class, looks back on a successful fiscal year 2022.

Key Points: 
  • VIB Vermögen AG ("VIB"), a company specializing in the development, acquisition and portfolio management of commercial properties from the logistics and light industrial asset class, looks back on a successful fiscal year 2022.
  • In addition to the good result, VIB further strengthened its partnership with the DIC Asset Group in the past fiscal year and pooled the various competencies and resources.
  • Gross rental income increased to EUR 93.8 million in fiscal year 2022 (previous year: EUR 90.3 million).
  • The Guidance funds from operations (FFO), is expected to be in a range of EUR 58.0 to 64.0 million.

EQS-News: Deutsche Konsum REIT-AG with a solid start in the new financial year 2022/2023

Retrieved on: 
Wednesday, February 22, 2023
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Potsdam, 14 February 2023 – Deutsche Konsum REIT-AG (ISIN DE000A14KRD3) has closed the first quarter of the new financial year 2022/2023 with solid results.

Key Points: 
  • Potsdam, 14 February 2023 – Deutsche Konsum REIT-AG (ISIN DE000A14KRD3) has closed the first quarter of the new financial year 2022/2023 with solid results.
  • This is due on the one hand to further acquisitions, but also to CPI-linked rent increases in the past financial year due to value protection clauses.
  • The corresponding results presentation as well as further information on the webcast and the conference call can be found at https://www.deutsche-konsum.de/en/investor-relations .
  • The financial report for the first quarter of 2022/2023 is available for download at https://www.deutsche-konsum.de/en/investor-relations/financial-reports .

Citycon financial statements release 2022: Strong like-for-like NRI growth and profit performance; 2023 guidance midpoints initiated above consensus estimates

Retrieved on: 
Thursday, February 16, 2023
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EUR 3.8 million of cash

Key Points: 
  • EUR 3.8 million of cash
    In 2022, Citycon repurchased EUR 112.3 million of notional bonds with approx.
  • EUR 102.5 million of cash
    In January 2023, Citycon tendered in total EUR 57.4 million of notional 2024 bond and hybrid bonds issued in 2019 and 2021 with approx.
  • of signed leases in 2022 with positive leasing spreads of 2.0%, resulting in retail occupancy up 120 bps to 95.4%.
  • This positions Citycon to increase rents and service charges without jeopardizing our tenants' ability to continue to run profitable businesses.

EQS-News: HAMBORNER REIT AG: Preliminary figures confirm business performance in line with planning in 2022 – dividend proposal on previous year’s level – positive outlook for 2023

Retrieved on: 
Monday, February 13, 2023
Financial Oversight and Management Board for Puerto Rico v. Aurelius Investment, LLC, Annual, EPRA, WALT, Environment, NAV, Maintenance, Annual general meeting, REIT, Uncertainty, FFO, Retail, Renting, Real estate, Bank, Lease, Risk management

Duisburg, 9 February 2023 – HAMBORNER REIT AG has enjoyed another successful financial year according to the preliminary and unaudited figures published today.

Key Points: 
  • Duisburg, 9 February 2023 – HAMBORNER REIT AG has enjoyed another successful financial year according to the preliminary and unaudited figures published today.
  • The decline essentially resulted from higher expenses for scheduled maintenance as well as other non-recurring operating income in the previous year.
  • Accordingly, FFO was higher than the most recent forecast of €48-49 million for the 2022 financial year.
  • The REIT equity ratio was at a consistently high level of 59.6% as at 31 December 2022.

EQS-News: Deutsche Konsum REIT-AG closes financial year 2021/2022 with stable development

Retrieved on: 
Sunday, January 22, 2023
Annual report, Encumbrance, ISIN, DKR, FFO, Financial Oversight and Management Board for Puerto Rico, EPRA, ECB, Investment, Maintenance, EUR, Webcast, Annual, Holding company, Real estate, Renting, Film

The Company's rental income increased by 7% in the 2021/2022 financial year compared to the previous year, from EUR 69.7 million to EUR 74.4 million.

Key Points: 
  • The Company's rental income increased by 7% in the 2021/2022 financial year compared to the previous year, from EUR 69.7 million to EUR 74.4 million.
  • The increase in rents was counteracted by the rent disposals of the properties sold in the financial year.
  • FFO forecast for the 2022/2023 financial year again between EUR 40 million and EUR 44 million.
  • Rolf Elgeti, CEO of Deutsche Konsum REIT-AG:
    "Despite the difficult overall environment, DKR's defensive business model again proved to be very robust in the past financial year 2021/2022.

EQS-News: CPI PROPERTY GROUP publishes financial results for Q3 2022

Retrieved on: 
Wednesday, November 30, 2022
CFO, CPI, FFO, EBITDA, Hotel, Racketeer Influenced and Corrupt Organizations Act, United States Court of Appeals for the Ninth Circuit, NAV, EPRA, District court, News, United States Court of Appeals for the Second Circuit, LTV, Documentation, Acquisition, Security (finance), Renting, Bank, Financial services, Auction, Q3, Appeal

CPI PROPERTY GROUP (hereinafter CPIPG, the Company or together with its subsidiaries the Group), a leading owner of income-generating European real estate, hereby publishes unaudited financial results for the nine-month period ended 30 September 2022.

Key Points: 
  • CPI PROPERTY GROUP (hereinafter CPIPG, the Company or together with its subsidiaries the Group), a leading owner of income-generating European real estate, hereby publishes unaudited financial results for the nine-month period ended 30 September 2022.
  • CPIPGs results reflect much of the positive impact from our acquisitions in 2022, said Martin Nemecek, CEO.
  • Highlights for the third quarter of 2022 include:
    CPIPGs property portfolio was 21.2 billion (vs. 13.1 billion at year-end 2021) as the Group consolidated the property portfolios of IMMOFINANZ and S IMMO, partially offset by disposals of more than 700 million during the first three quarters of 2022.
  • The Group believes we have the potential to achieve 1 billion in revenues in 2022.

EQS-News: Aroundtown SA announces 9M 2022 results in line with guidance

Retrieved on: 
Tuesday, November 29, 2022
GCP, Publication, Growth, Aroundtown SA, Share repurchase, FFO, AFRICA, ICR, Frankfurt Stock Exchange, YOY, Shelf registration, S&P, COVID-19, ISIN, Travel, EPS, Interim, EPRA, City, Independent Luxembourg Trade Union Confederation, LTV, Collection, Pressure, Security (finance), Renting, Medical device, Bank, Renewable energy, Grand duchy

FFO I increasing by 3% to 275 million for 9M 2022.

Key Points: 
  • FFO I increasing by 3% to 275 million for 9M 2022.
  • FFO I per share up by 9% to 0.25 for 9M 2022.
  • Net Profit of 578 million in the 9M 2022 reflecting basic EPS of 0.27 for 9M 2022.
  • Aroundtown (the Company or AT) presents the results for the first nine months of 2022 with results in line with guidance.

Aroundtown SA announces 9M 2022 results in line with guidance

Retrieved on: 
Tuesday, November 29, 2022
GCP, Publication, Growth, Aroundtown SA, Share repurchase, FFO, AFRICA, ICR, Frankfurt Stock Exchange, YOY, Shelf registration, S&P, COVID-19, ISIN, Travel, EPS, Interim, EPRA, City, Independent Luxembourg Trade Union Confederation, LTV, Collection, Pressure, Security (finance), Renting, Medical device, Bank, Renewable energy, Grand duchy

FFO I increasing by 3% to 275 million for 9M 2022.

Key Points: 
  • FFO I increasing by 3% to 275 million for 9M 2022.
  • FFO I per share up by 9% to 0.25 for 9M 2022.
  • Net Profit of 578 million in the 9M 2022 reflecting basic EPS of 0.27 for 9M 2022.
  • Aroundtown (the Company or AT) presents the results for the first nine months of 2022 with results in line with guidance.