DGAP-News: WCM Beteiligungs- und Grundbesitz-AG / Key word(s): Real Estate WCM Beteiligungs- und Grundbesitz-AG: WCM: All previously announced acquisitions completed and total portfolio value above EUR 500 million 13.01.2016 / 08:45 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- WCM: All previously announced acquisitions completed and total portfolio value above EUR 500 million - Closing of remaining 20 assets with a gross value of EUR 220.9 million completed - Current portfolio generates annual rental income of EUR 31.8 million Frankfurt, 13 January 2016 - WCM Beteiligungs- und Grundbesitz-AG (WCM AG, ISIN: DE000A1X3X33) reports all 51 properties are booked in the balance sheet in accordance with the announced acquisitions made in 2015. 20 assets with a gross value of EUR 220.9 million have been included in the balance over the past weeks. The value of the assets previously booked was EUR 280.4 million, which results in a total gross portfolio value of EUR 501.3 million. In December 2015, WCM AG secured two retail parks and signed an exclusivity agreement to purchase another DIY store. The purchase of these three assets, with a total value of c. EUR 48 million has not yet been included in the balance sheet and overall portfolio value. WCM's total portfolio generates an annual rental income of EUR 31.8 million. Currently, the weighted average remaining lease term (WALT) is 9.3 years with a net yield of 6.3 percent. In addition to the high yielding rental income, WCM secured favourable financing conditions: The average interest rate of the asset loans is 2.1 percent, with an average maturity of 6.1 years. WCM expects to continue with its positive business performance and growth of the portfolio in 2016. The company will publish its annual financial statements for 2015 on 29 April 2016. Stavros Efremidis, CEO of WCM, comments: "In line with our strategy and within one year, we managed to build an excellent commercial real estate portfolio in Germany that generates a high and steady cash flow. Furthermore, we took advantage of the low interest rates environment for property loans in Germany to finance our acquisitions. We will continue our successful course in 2016 and create additional value to our portfolio through active property and asset management." 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. In January 2016, the property portfolio comprised more than EUR 500 million. The company has extensive loss carry forwards in corporate and commercial tax. Shares in WCM AG are listed in the Prime Standard of Deutsche Börse and since 21st of December 2015 in the SDAX of Deutsche Börse. Press contact: edicto GmbH Axel Mühlhaus/ Dr. Sönke Knop +49 (0) 69-905505-51 [email protected] --------------------------------------------------------------------------- 13.01.2016 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 --------------------------------------------------------------------------- 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, SDAX WKN: A1X3X33 Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Stuttgart; Regulated Unofficial Market in Munich End of News DGAP News Service --------------------------------------------------------------------------- 428859 13.01.2016