12.11.2020 Deutsche Konsum REIT-AG  DE000A14KRD3

DGAP-News: Deutsche Konsum REIT acquires five retail properties for around EUR 14 million


 

DGAP-News: Deutsche Konsum REIT-AG / Key word(s): Acquisition/Real Estate
Deutsche Konsum REIT acquires five retail properties for around EUR 14 million

12.11.2020 / 07:10
The issuer is solely responsible for the content of this announcement.


Press release

Deutsche Konsum REIT acquires five retail properties for around EUR 14 million

Broderstorf, 12 November 2020 - Deutsche Konsum REIT-AG ("DKR") (ISIN DE000A14KRD3) has acquired five further retail properties.

The acquisitions include the "Feldbergcenter" local retail centre in Neu-Anspach (Hesse) with a total rental area of around 5,733 m² and the anchor tenants REWE and Rossmann, as well as a fitness center and other supply and service providers. The average remaining lease term is more than three years.

Furthermore, a local retail centre in Mölln (Schleswig-Holstein) with a total rental area of around 5,126 m² was acquired. The main retail tenants include Norma, a beverage store and a pharmacy. The upper floors contain numerous medical practices as well as office and residential space. The current average remaining lease term is around three years.

The purchase portfolio also includes a local retail centre and two discount grocery stores, which currently have an average remaining lease term of between three and six years:

- Local retail centre in Freital (Saxony) with around 1,700m² of rental space. Major tenants are Pfennigpfeiffer and Fressnapf as well as a beverage trade. The fully let acquisition property is part of a profitable agglomeration with surrounding grocery stores.

- Grocery discounter Diska (EDEKA) in Blankenstein (Thuringia) with a total rental area of 1,285 m². A part of the property is used as storage space.

- Food retailer Netto Marken-Discount in Wrestedt (Lower Saxony). The property has a total rental area of around 1,087 m². The property's parking spaces are directly connected to the adjacent EDEKA supermarket.

The total purchase volume for all properties amounts to around EUR 14 million with a total annual rent of EUR 1.25 million, resulting in a purchase yield of around 9%.

Thus, the total portfolio (pro forma) currently comprises 170 properties with a total rental area of around 950,000 m² and a balance sheet value of around EUR 850 million. The portfolio currently generates an annual rent of around EUR 66 million.

In addition, DKR is currently in the middle of further concrete purchase processes and expects further acquisitions in the near future.

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 ("basic retail") 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.
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



12.11.2020 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.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: Deutsche Konsum REIT-AG
August-Bebel-Str. 68
14482 Potsdam
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: 1147354

 
End of News DGAP News Service

1147354  12.11.2020 

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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

INVESTOR-INFORMATIONEN
©boersengefluester.de
Deutsche Konsum REIT
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A14KRD 2,940 Halten 103,36
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
11,31 12,02 0,94 7,22
KBV KCV KUV EV/EBITDA
0,33 2,48 1,30 -10,49
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
-4,76% -31,44% -14,78% -54,63%
    
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