09.04.2015 Fair Value REIT-AG  DE000A0MW975

DGAP-News: Fair Value REIT-AG implements expansion strategy by growing direct investment portfolio


 
DGAP-News: Fair Value REIT-AG / Key word(s): Real Estate Fair Value REIT-AG implements expansion strategy by growing direct investment portfolio 09.04.2015 / 07:30 --------------------------------------------------------------------- Fair Value REIT-AG implements expansion strategy by growing direct investment Portfolio - Direct purchase of previously indirectly held property in Cologne - Property fully rented long-term - Around 11 % increase in direct holdings to a total of 14 % of portfolio Munich, April 9, 2015 - Fair Value REIT-AG ("Fair Value") has successfully advanced its growth strategy further, transferring a fully rented property in Cologne into its portfolio of direct holdings. The company has purchased a warehousing and exhibition hall with office premises in Cologne, Marconistrasse 4-8, for EUR 3.3 million with effect as of March 31, 2015. This price stands around 10 % below the property's market value surveyed as of December 31, 2014. The property offers a rentable building space of 9,640 square metres and achieves annual rental income of currently EUR 365 thousand. The property is rented for a further eight years to one of Germany's leading wood merchants. The building's rooftops are leased for a further 18 years to a photovoltaic plant operator. The property's seller is a subsidiary of Fair Value REIT-AG, in which Fair Value holds an 80% interest. This company can be quickly liquidated following the sale of this real estate asset, which will lead to around EUR 120 thousand of annual general administrative cost savings. Frank Schaich, CEO of Fair Value REIT-AG, explains the background: "The transfer of this property in Cologne into our portfolio of direct holdings allows us to not only improve our operating earnings but also reduce our Group's complexity. This most recent investment carries a gross rental yield of 11 % per annum, thereby meeting our investment criteria to a high degree. Incidental purchase costs are low due to our interest in the seller, and they are covered by the market valuation of the property of around EUR 3.7 million. It also boosts the level of our direct investments by around 11 % to reach 14 % of our current portfolio. Further transfers to our portfolio direct holdings will follow over the coming months." Contact Fair Value REIT-AG Frank Schaich Tel. +49 (0) 89-9292815-10 Fax +49 (0) 89-9292815-15 e-mail: [email protected] Corporate Profile Fair Value REIT-AG, based in Munich, focuses on the acquisition, leasing, property management and sale of commercial properties in Germany. At the core of its investment activities are retail and office properties in German regional centres. As of December 31, 2014, Fair Value's share of the total portfolio of 43 properties (previous year 49 properties) amounted to around EUR 281 million (previous year EUR 312 million). This portfolio had an occupancy rate of 91.5% (previous year 93.3%). As of December 31, 2014, the weighted remaining term of the leases was 5.0 years, unchanged to December 31, 2014. Around 52% of the potential rent relates to retail floor space, 37% to office space and 11% to other types of use. --------------------------------------------------------------------- 09.04.2015 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Fair Value REIT-AG Leopoldstraße 244 80807 München Germany Phone: +49 (0)89 9292 815-01 Fax: +49 (0)89 9292 815-15 E-mail: [email protected] Internet: www.fvreit.de ISIN: DE000A0MW975 WKN: A0MW97 Indices: RX REIT All Share Index, RX REIT Index Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 342255 09.04.2015


Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 22,11 21,93 21,92 19,99 18,44 18,49 0,00
EBITDA1,2 23,60 37,86 25,35 10,34 21,80 -5,38 0,00
EBITDA-Marge3 106,74 172,64 115,65 51,73 118,22 -29,10
EBIT1,4 23,58 37,78 25,34 9,18 21,61 -6,05 0,00
EBIT-Marge5 106,65 172,28 115,60 45,92 117,19 -32,72 0,00
Jahresüberschuss1 12,57 22,78 15,11 4,10 13,49 -6,47 0,00
Netto-Marge6 56,85 103,88 68,93 20,51 73,16 -34,99 0,00
Cashflow1,7 18,58 10,54 8,55 9,91 10,17 9,45 0,00
Ergebnis je Aktie8 0,90 1,62 1,08 0,29 0,96 -0,46 0,17
Dividende8 0,34 0,15 0,26 0,27 0,39 0,37 0,40
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2022 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: PricewaterhouseCoopers

INVESTOR-INFORMATIONEN
©boersengefluester.de
Fair Value REIT
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A0MW97 3,560 Halten 50,23
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
10,47 12,87 0,81 6,20
KBV KCV KUV EV/EBITDA
0,70 5,32 2,72 -18,70
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,37 0,05 1,40 03.07.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
24.08.2023 25.04.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-3,93% -15,74% -11,00% -42,58%
    
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