04.12.2015
WCM Beteiligungs- und Grundbesitz-AG DE000A1X3X33
DGAP-News: WCM Beteiligungs- und Grundbesitz-AG: WCM welcomes SDAX inclusion
DGAP-News: WCM Beteiligungs- und Grundbesitz-AG / Key word(s): Real Estate
WCM Beteiligungs- und Grundbesitz-AG: WCM welcomes SDAX inclusion
04.12.2015 / 09:30
The issuer is solely responsible for the content of this announcement.
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WCM welcomes SDAX inclusion
Frankfurt, 04 December 2015 - WCM Beteiligungs- und Grundbesitz-AG (WCM AG,
ISIN: DE000A1X3X33) is pleased with the announcement to be included in the
SDAX of Deutsche Borse AG from 21 September 2015 onwards. Less than a year
after the operational restart of the Company, WCM AG has now become part of
the 50 German small caps selection index - directly below the DAX and MDAX.
Driver of success was WCM AG's strong growth of its real estate portfolio
to more than EUR 500 million over the past months through the acquisition
of high quality office and retail properties in Germany. The Company
intends to expand its portfolio in line with its strategy over the medium
term to more than EUR 1 billion - This growth was accompanied by the
increasing interest by investors.
Stavros Efremidis, CEO of WCM AG, comments: "We are pleased about the
inclusion in the SDAX, which proofs our work over the past months. As a
member of the DAX family, we seek further interest by institutional and
international investors, which should therefore increase the attractiveness
of our shares. "
Frank Roseen, CFO/CIO of WCM AG ads: "We see excellent opportunities and
operational gains for further growth in 2016. With the recently announced
acquisitions, we will be able to fully demonstrate our performance in the
balance sheet by the end of the year."
About WCM AG
WCM Beteiligungs- und Grundbesitz-AG (WCM AG), with headquarters in
Frankfurt am Main, is a specialised commercial real estate company. As a
real estate proprietor, the focus is on long-term rental of high-quality
office and retail properties in the major office locations in Germany.
Since the operational restart in 2014, WCM AG has focused on an extensive
network for the purchase of properties as well as on value-creating asset
management, in order to generate attractive long-term rental income and a
steady cash flow. At October 2015, the property portfolio comprised of more
than EUR 500 million (including contractually secured assets). The company
has extensive loss carry forwards in corporate and commercial tax. Shares
in WCM AG will be listed in the SDAX of Deutsche from 21st of December
onwards.
Press contact:
edicto GmbH
Axel Mühlhaus/ Dr. Sönke Knop
+49 (0) 69-905505-51
[email protected]
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04.12.2015 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.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: WCM Beteiligungsund Grundbesitz-AG
Bleichstr. 64-66
60313 Frankfurt am Main
Germany
Phone: +49 (0)30 8870 476-10
Fax: +49 (0)30 8870 476-20
E-mail: [email protected]
Internet: www.wcm.de
ISIN: DE000A1X3X33
WKN: A1X3X33
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime
Standard), Hamburg, Stuttgart; Regulated Unofficial Market
in Munich
End of News DGAP News Service
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