15.07.2019 CONSUS Real Estate AG  DE000A2DA414

DGAP-News: CONSUS Real Estate AG: CONSUS successfully closes the Leipzig 416 transaction and takes important step in deleveraging programme


 

DGAP-News: CONSUS Real Estate AG / Key word(s): Real Estate/Financing
CONSUS Real Estate AG: CONSUS successfully closes the Leipzig 416 transaction and takes important step in deleveraging programme

15.07.2019 / 09:03
The issuer is solely responsible for the content of this announcement.


The Leipzig 416 project transaction has successfully completed, securing the future development of this key development quarter in Leipzig. Starting in 2016, CG Gruppe AG acquired properties which were previously used by the railway network around Delitzscher Straße in Leipzig and started the development planning of this area with the vision to create a completely new mixed-use quarter in this area of the city. CONSUS Real Estate AG ("CONSUS"), through its subsidiary CG Gruppe, will continue to be involved in the development process working closely with the Austrian real estate development company, which acquired the project.

The sales price for the project will be paid in stages, with the largest portion now paid, and the remaining amount to be paid on achieving certain milestones in 2019 and 2020. The proceeds from the first payment will reduce net debt significantly, of which the majority is high-cost mezzanine and junior debt. The terms of the transaction are confidential.

Andreas Steyer, CEO of CONSUS Real Estate AG, comments: "The successful closing of this transaction demonstrates the strength of our portfolio, and confirms our strategy of focussing on large quarters in the Top 9 cities. The opportunity to realise value and repay expensive debt enabled us to take an important step in our deleveraging programme. CONSUS remains committed to a strategy of developing properties through to completion, focussed on larger projects in the Top 9 cities."

About CONSUS Real Estate AG
CONSUS Real Estate AG ("CONSUS"), with headquarters in Berlin, is a leading German real estate developer with a total development volume of EUR 9.6 billion as of 31 March, 2019. The focus of the company's business activities is on residential real estate in the nine economically strongest metropolitan areas in Germany. CONSUS focuses on the development of neighbourhoods and standardised multi-storey residential buildings. By means of forward sales to institutional investors, the digitalisation of construction processes and industrial series production, the company operates along the entire value chain of real estate development. The implementation of projects, from design to execution to handover, property management and related services, is carried out by CONSUS through its CG and SSN divisions. The shares of CONSUS Real Estate AG are listed in the Scale Segment of Deutsche Börse and the m:access Segment of the Munich Stock Exchange and are traded on XETRA in Frankfurt, among others.




Contact:
Corporate Communications
Anette von Zitzewitz
phone +49 171 2432736
avz@vzkommunikation.de


15.07.2019 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
EQS News ID: 841077

 
End of News DGAP News Service

841077  15.07.2019 

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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