DGAP-News: Deutsche Konsum REIT acquires DIY portfolio with an annual rent of EUR 4.2 million - total property portfolio grows to EUR 700 million
DGAP-News: Deutsche Konsum REIT-AG
/ Key word(s): Acquisition/Real Estate
Deutsche Konsum REIT acquires DIY portfolio with an annual rent of EUR 4.2 million - total property portfolio grows to EUR 700 million
21.11.2019 / 07:00
The issuer is solely responsible for the content of this announcement.
Press release
Deutsche Konsum REIT acquires DIY portfolio with an annual rent of EUR 4.2 million - total property portfolio grows to EUR 700 million
Broderstorf, 21 November 2019 - With notarisation yesterday Deutsche Konsum REIT-AG ("DKR") (ISIN DE000A14KRD3) has acquired a DIY property portfolio with an annual rent of EUR 4.2 million.
The portfolio comprises of seven properties which are positioned in very good micro-locations and are located in the states of Northrhine-Westphalia (2), Saxony-Anhalt (2) as well as in Saxony, Lower Saxony and Brandenburg (1 each). The total rental space amounts to 55,000 m². Anchor tenant of each location is the German DIY chain HELLWEG. The DIY stores were built between 1993 and 2008 and are in a very well constitution. All rental contracts are double net agreements which is favourable for DKR in terms of the operating margin and have a WALT of around 12 years.
Therefore, in the financial year 2019/2020, the property portfolio of Deutsche Konsum grew by 12 properties with a purchase volume of around EUR 75 million already. Thus, the total portfolio (pro forma) currently comprises of 134 properties with a total rental space of more than 800,000 m² and a book value of around EUR 700 million as well as an annual rent of around EUR 55.3 million.
In addition, DKR is in concrete purchasing processes and expects further acquisitions shortly.
Rolf Elgeti, CEO of Deutsche Konsum REIT-AG: "At this acquisition we regard the combination of long leases and a high initial yield in a very defensive retail class which is far from being undermined by E-Commerce as a very attractive and stable addition to our property portfolio. Taking the foreseeable acquisition pipeline into account our exposure to DIY in our tenant mix will remain stable at the same level."
About Deutsche Konsum
Deutsche Konsum REIT-AG based in Broderstorf is a listed real estate company focusing on retail properties in Germany for goods required for daily use in established micro-locations. The focus of the company's activities is on the management and development of real estate with the aim of achieving a steady increase in value and the realisation of hidden reserves. The steadily increasing current property portfolio of Deutsche Konsum comprises of 134 retail properties with an annualised rent of around EUR 55 million.
Due to its REIT status ('Real Estate Investment Trust'), the company is exempt from corporation and trade tax. The shares of the company are listed on the Prime Standard of the Deutsche Boerse (ISIN: DE 000A14KRD3).
Contact:
Deutsche Konsum REIT-AG
Stefanie Frey
Investor Relations
E-Mail: [email protected]
Phone: +49 (0) 331 74 00 76 - 533
21.11.2019 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.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
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Language: |
English |
Company: |
Deutsche Konsum REIT-AG |
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August-Bebel-Str. 68 |
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14482 Potsdam |
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Germany |
Phone: |
+49 (0)331 740076517 |
Fax: |
+49 (0)331 740076520 |
E-mail: |
[email protected] |
Internet: |
www.deutsche-konsum.de |
ISIN: |
DE000A14KRD3 |
WKN: |
A14KRD |
Listed: |
Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: |
918219 |
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End of News |
DGAP News Service |
918219 21.11.2019
Die wichtigsten Finanzdaten auf einen Blick
|
|
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023e |
Umsatzerlöse1 |
19,25 |
28,60 |
41,98 |
56,23 |
69,67 |
74,39 |
79,72 |
EBITDA1,2 |
42,76 |
35,91 |
58,95 |
38,70 |
40,29 |
39,49 |
-70,24 |
EBITDA-Marge3 |
222,13 |
125,56 |
140,42 |
68,82 |
57,83 |
53,09 |
|
EBIT1,4 |
41,68 |
35,90 |
58,95 |
38,69 |
97,92 |
68,01 |
-116,90 |
EBIT-Marge5 |
216,52 |
125,52 |
140,42 |
68,81 |
140,55 |
91,42 |
-146,64 |
Jahresüberschuss1 |
37,41 |
30,92 |
53,14 |
34,17 |
91,37 |
60,39 |
-180,99 |
Netto-Marge6 |
194,34 |
108,11 |
126,58 |
60,77 |
131,15 |
81,18 |
-227,03 |
Cashflow1,7 |
10,26 |
14,52 |
27,09 |
35,94 |
37,97 |
49,38 |
41,63 |
Ergebnis je Aktie8 |
1,06 |
0,80 |
1,25 |
0,73 |
1,84 |
1,22 |
-3,58 |
Dividende8 |
0,00 |
0,20 |
0,35 |
0,40 |
0,40 |
0,12 |
0,00 |
Quelle: boersengefluester.de und Firmenangaben
Geschäftsbericht 2023 - 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: Domus
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INVESTOR-INFORMATIONEN |
©boersengefluester.de |
Deutsche Konsum REIT |
WKN |
Kurs in € |
Einschätzung |
Börsenwert in Mio. € |
A14KRD |
2,860 |
Halten |
100,55 |
KGV 2025e |
KGV 10Y-Ø |
BGFL-Ratio |
Shiller-KGV |
11,00 |
11,96 |
0,96 |
7,03 |
KBV |
KCV |
KUV |
EV/EBITDA |
0,32 |
2,42 |
1,26 |
-10,45 |
Dividende '22 in € |
Dividende '23e in € |
Div.-Rendite '23e in % |
Hauptversammlung |
0,12 |
0,00 |
0,00 |
21.03.2024 |
Q1-Zahlen |
Q2-Zahlen |
Q3-Zahlen |
Bilanz-PK |
14.02.2024 |
15.05.2024 |
14.08.2024 |
19.12.2023 |
Abstand 60Tage-Linie |
Abstand 200Tage-Linie |
Performance YtD |
Performance 52 Wochen |
-4,48% |
-29,31% |
-17,10% |
-61,46% |
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