13.08.2020 PREOS Real Estate AG  DE000A2LQ850

DGAP-News: PREOS Real Estate AG: PREOS Real Estate AG: Conversion project worth EUR 80 million in Essen successfully completed - new Police Headquarters handed over to Essen Police


 

DGAP-News: PREOS Real Estate AG / Key word(s): Real Estate/Miscellaneous
PREOS Real Estate AG: PREOS Real Estate AG: Conversion project worth EUR 80 million in Essen successfully completed - new Police Headquarters handed over to Essen Police

13.08.2020 / 09:00
The issuer is solely responsible for the content of this announcement.


Press Release

PREOS Real Estate AG: Conversion project worth EUR 80 million in Essen successfully completed - new Police Headquarters handed over to Essen Police

Leipzig, 13 August 2020 - PREOS Real Estate AG ("PREOS", ISIN DE000A2LQ850) has successfully completed a major conversion project at its property in Essen's Theodor-Althoff-Strasse and handed over the entire space to the Essen Police Department as tenant on schedule. The police uses the space as new Police Headquarters. The 30-year tenancy agreement was already concluded in 2018. The refurbishment project lasted for around 18 months and had a volume of EUR 80 million.

The tenancy agreement covers an area of 25,500 square metres used as offices and a further 1,300 square metres for the car workshop on the site. Additionally there are 890 parking spaces. The entire PREOS property in Essen-Schuir offers 100,000 square metres of floor space. For the refurbishment modern and high-quality materials were used.

Frederik Mehlitz, CEO of PREOS Real Estate AG: "We are pleased about the successful completion of the project to our and above all the satisfaction of our tenant. The long-term contract and the police as a first-class tenant are naturally a solid foundation for the value of our property. This is what we have invested in and we can now hand over areas that meet the highest standards".


About PREOS Real Estate AG

PREOS Real Estate AG ("PREOS") is an active real estate investor focused on office properties. PREOS acts as an efficient management holding company. The acquisition focuses on office properties with development potential in German metropolitan regions. Value creation is generated by targeted asset management measures. Developed portfolio properties are sold in the event of adequate sales opportunities. The corporate strategy is to significantly expand the real estate portfolio through acquisitions in the coming years. The PREOS share (ISIN DE000A2LQ850) is listed in the over-the-counter segment m:access of the Munich Stock Exchange (PAG.MU) and on Xetra (PAG.DE). The company headquarters of PREOS is located in Leipzig.

Investor & Public Relations
edicto GmbH
Axel Mühlhaus
Eschersheimer Landstraße 42
60322 Frankfurt am Main
Phone +49(0) 69/905505- 52
Mail: [email protected]
 



13.08.2020 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: PREOS Real Estate AG
Landsteinerstraße 6
04103 Leipzig
Germany
Phone: 0341 261787790
E-mail: [email protected]
Internet: www.preos.de
ISIN: DE000A2LQ850
WKN: A2LQ85
Listed: Regulated Unofficial Market in Frankfurt, Munich
EQS News ID: 1117061

 
End of News DGAP News Service

1117061  13.08.2020 

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 0,18 0,70 14,39 90,27 139,55 0,00 0,00
EBITDA1,2 2,02 2,90 18,41 97,43 11,27 0,00 0,00
EBITDA-Marge3 1.122,22 414,29 127,94 107,93 8,08 0,00
EBIT1,4 2,02 10,92 106,40 93,88 -11,93 0,00 0,00
EBIT-Marge5 1.122,22 1.560,00 739,40 104,00 -8,55 0,00 0,00
Jahresüberschuss1 1,84 8,25 66,31 83,88 -24,48 0,00 0,00
Netto-Marge6 1.022,22 1.178,57 460,81 92,92 -17,54 0,00 0,00
Cashflow1,7 -1,19 22,48 -9,20 86,68 11,27 0,00 0,00
Ergebnis je Aktie8 0,05 0,09 1,37 0,77 -0,22 -1,87 -0,15
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
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: Grant Thornton

INVESTOR-INFORMATIONEN
©boersengefluester.de
PREOS Global Office
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A2LQ85 0,080 - 9,08
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
0,00 6,90 0,00 -2,67
KBV KCV KUV EV/EBITDA
0,91 0,81 0,07 24,06
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,00 0,00 0,00 22.09.2023
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
22.09.2022 30.08.2023
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-19,19% -81,22% -62,09% -96,85%
    
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Immobilien (Gewerbe) , A2LQ85 , PAG , XETR:PAG