08.01.2019 CONSUS Real Estate AG  DE000A2DA414

DGAP-News: CONSUS Real Estate AG signs further forward sale agreement for c. EUR 100m


 

DGAP-News: CONSUS Real Estate AG / Key word(s): Disposal
CONSUS Real Estate AG signs further forward sale agreement for c. EUR 100m

08.01.2019 / 07:46
The issuer is solely responsible for the content of this announcement.


Consus signs further forward sale agreement for c. EUR 100m

Berlin, 8 January 2018 - Consus Real Estate AG ('Consus', ISIN DE000A2DA414, CC1) has forward sold the office and hotel development 'No. 1' in Mannheim, located at the main railway station, to an institutional purchaser. The transaction volume amounts to approx. EUR 100m.

Consus is developing a new hotel and office building in the up-and-coming Mannheim business district named 'Glückstein'. On a 5,000 sqm plot, the development comprises six floors and a high-rise building named 'Lindenhofplatz'. The total lettable area amounts to 20,000 sqm. "No.1 is a great project at the heart of this up-and-coming business district, where office and commercial rents are rising significantly," said Michael Tockweiler, member of the Consus Extended Management Board.

Already c. 75% of the building is pre-let to office and retail tenants. Anchor tenants with long-term contracts are a well-known auditing firm with c. 5,000 sqm and an international four-star hotel with 150 rooms and 6,200 sqm. The contracts for two additional leases - with an e-commerce company and an IT consulting firm - were signed in October 2018. Consus is in promising negotiations regarding the remaining vacant space and expects it to be leased up shortly. The final handover of the project is expected by spring 2020.

Andreas Steyer, CEO of Consus, says: "Consus has again sold a great development to an institutional purchaser to successfully finish of the year. Once again we underline the viability of our business model."

Contact

Consus Real Estate AG
Jan-Philipp Ansorg
Corporate Finance & Investor Relations
j.-p.ansorg@consus.ag

Consus Real Estate AG

Consus Real Estate AG ("Consus") a leading German property developer with c. EUR 10bn in properties under development. The focus of the Company's business activities lies on residential property in Germany's top nine economic cities. Consus specialises in the development of entire neighbourhoods ('quartiers') and standardised flats. The use of forward sales to institutional investors, the digitalisation of construction processes and industrial series production allow the Company to operate along the entire property development value chain. Consus implements projects - from the planning phase through to construction and transfer of ownership, as well as property management and the associated services - via its subsidiaries CG and SSN. Consus Real Estate AG's shares are listed in the Scale segment of Deutsche Börse AG and m:access segment of the Munich Stock Exchange and are traded on XETRA in Frankfurt, among others.



08.01.2019 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.

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Language: English
Company: CONSUS Real Estate AG
Kurfürstendamm 188-189
10707 Berlin
Germany
Phone: +49 (0)30 965 357 90 300
E-mail: info@consus.ag
Internet: www.consus.ag
ISIN: DE000A2DA414
WKN: A2DA41
Listed: Regulated Unofficial Market in Dusseldorf, Frankfurt (Scale), Munich (m:access), Stuttgart, Tradegate Exchange

 
End of News DGAP News Service

764019  08.01.2019 

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Die wichtigsten Finanzdaten auf einen Blick
  2012 2013 2014 2015 2016 2017 2018 2019e
Umsatzerlöse1 0,00 0,00 2,69 2,86 1,38 7,69 614,97 0,00
EBITDA1,2 0,00 0,00 0,31 0,20 0,06 4,70 107,90 0,00
EBITDA-Marge3 0,00 0,00 11,52 6,99 4,35 61,12 17,55 0,00
EBIT1,4 0,00 0,00 0,31 0,20 0,06 4,70 105,73 0,00
EBIT-Marge5 0,00 0,00 11,52 6,99 4,35 61,12 17,19 0,00
Jahresüberschuss1 0,00 0,00 0,29 0,24 0,06 -7,95 1,17 0,00
Netto-Marge6 0,00 0,00 10,78 8,39 4,35 -103,38 0,19 0,00
Cashflow1,7 0,00 0,00 0,01 0,39 -0,39 -4,62 132,01 0,00
Ergebnis je Aktie8 0,00 0,00 0,01 0.00 0,00 -0,28 -0,15 0,40
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2018 - 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: Warth & Klein Grant Thornton

INVESTOR-INFORMATIONEN
©boersengefluester.de
Consus Real Estate
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A2DA41 6,810 Halten 912,81
KGV 2020e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
12,85 17,29 0,742 24,00
KBV KCV KUV EV/EBITDA
0,90 6,91 1,48 18,279
Dividende '18 in € Dividende '19e in € Div.-Rendite '18
in %
Hauptversammlung
0,00 0,00 0,00 26.06.2019
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
19.06.2019 19.09.2019 17.04.2019
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-1,92% -6,80% -10,39% -24,00%
    
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Immobilien (Gewerbe) , A2DA41 , CC1 , XETR:CC1