03.04.2017
WCM Beteiligungs- und Grundbesitz-AG DE000A1X3X33
DGAP-News: WCM Beteiligungs- und Grundbesitz-AG: WCM closed Transaction from December 2016 successfully
DGAP-News: WCM Beteiligungs- und Grundbesitz-AG / Key word(s): Real Estate
WCM Beteiligungs- und Grundbesitz-AG: WCM closed Transaction from December
2016 successfully
03.04.2017 / 07:30
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
WCM closed Transaction from December 2016 successfully
Frankfurt, 3 April 2017 - WCM Beteiligungs- und Grundbesitz-AG (WCM AG,
ISIN: DE000A1X3X33) has successfully closed the so called MIA-transaction
which was announced on 1 December 2016. This transaction was comprising the
purchase of three retail parks totalling 88.000 m² of rentable space,
annualized rental income of EUR 7.6 M and Funds from Operations (FFO I) of
about EUR 4.3 M.
The net purchasing price of EUR 98.2 M is financed with equity and a
mortgage loan provided by a leading German bank at attractive conditions.
The average interest rate for the entire WCM portfolio now stands at just
below 2 percent.
With the successfull closing of this financing transaction all pending
property transactions have been finalized for now.
As of 31 March 2017 the WCM-Portfolio shows a gross value of around EUR 800
M. The annualized rental income currently stands at EUR 47.5 M and the
rentable space increases to more than 426,000 m². The Portfolio shows a low
EPRA vacancy rate of 4.3% only, and a WALT of 8.2 years.
About WCM AG
WCM Beteiligungs- und Grundbesitz-AG (WCM AG), with headquarters in
Frankfurt am Main, is a specialised commercial real estate company. As a
real estate proprietor, the focus is on long-term rental of high-quality
office and retail properties in the major office locations in Germany. Since
the operational restart in 2014, WCM AG has focused on an extensive network
for the acquisition of properties as well as on value-creating asset
management, in order to generate attractive long-term rental income and a
steady cash flow. The pro forma portfolio has a gross asset value of around
EUR 800 M. Shares of WCM AG are listed in the Prime Standard of Deutsche
Boerse AG andare included in the SDAX index since 21 December 2015.
Investor Relations:
Gunnar Janssen
Investor Relations
WCM Beteiligungs- und Grundbesitz-AG
+49 69 963 7319 10
[email protected]
www.wcm.de
Press contact:
edicto GmbH
Axel Mühlhaus/ Dr. Sönke Knop
Eschersheimer Landstraße 42
60322 Frankfurt am Main
+49 (0) 69-905505-51
[email protected]
---------------------------------------------------------------------------
03.04.2017 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.
Archive at www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: WCM Beteiligungsund Grundbesitz-AG
Bleichstr. 64-66
60313 Frankfurt am Main
Germany
Phone: +49 (0)69 963 7319-10
Fax: +49 (0)69 963 7319-20
E-mail: [email protected]
Internet: www.wcm.de
ISIN: DE000A1X3X33
WKN: A1X3X33
Listed: Regulated Market in Frankfurt (Prime Standard), Hamburg,
Stuttgart; Regulated Unofficial Market in Berlin,
Dusseldorf, Hanover, Munich, Tradegate Exchange
End of News DGAP News Service
---------------------------------------------------------------------------
561047 03.04.2017
|
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu
WCM Beteiligungs- und Grundbesitz-AG ISIN: DE000A1X3X33 können Sie bei EQS abrufen
Immobilien (Gewerbe) , A1X3X3 , WCMK , XETR:WCMK