06.10.2016 Deutsche EuroShop AG  DE0007480204

DGAP-News: Deutsche EuroShop invests in Saarpark-Center Neunkirchen


 
DGAP-News: Deutsche EuroShop AG / Key word(s): Acquisition Deutsche EuroShop invests in Saarpark-Center Neunkirchen 06.10.2016 / 13:26 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Deutsche EuroShop invests in Saarpark-Center Neunkirchen - Investment volume: EUR113 million - Acquisition of a 50% stake - 20th shopping center in the portfolio Hamburg, 6 October 2016 - The shopping center investor Deutsche EuroShop acquired a 50% stake in the Saarpark-Center in Neunkirchen, Saarland, from the BAT Custodian pension fund on 1 October 2016. Including the net financial liabilities, the investment amounts to EUR113 million. The expected proportional rental income for the Saarpark-Center in 2017 is EUR6.4 million. With a Net Operating Income (NOI) of EUR5.7 million, the expected NOI return is 5.0 %. The net purchase price of approximately EUR79 million was financed by means of loans. The acquisition will increase Deutsche EuroShop's portfolio to 20 shopping centers, with a market value of EUR4.5 billion (100% view). "We are delighted that in acquiring a stake in the Saarpark-Center in Neunkirchen we have been able to expand our portfolio with an established and successful shopping center. The center sets itself apart from the competition thanks to its good location, stability and excellent market position," said Wilhelm Wellner, CEO of Deutsche EuroShop. The Saarpark-Center was originally opened in 1989. After undergoing an expansion in 1999 and restructuring in 2009, the largest shopping center in Saarland now boasts over 130 specialist stores across 33,500 sqm of retail space split between two floors. The center's key tenants are C&A, H&M, Müller Drogerie, P&C Düsseldorf, REWE and TK Maxx. In addition, the center boasts 600 sqm of office space as well as over 1,600 parking spaces. The Saarpark-Center is located in the middle of Neunkirchen's town centre and is easily accessible by public transport via the adjacent bus station as well as by car via the nearby motorway link. The shopping center is managed by ECE Projektmanagement, and some 595,000 people live in its catchment area. The Saarpark-Center receives approximately 24,000 customers every day and more than 7.1 million every year. Deutsche EuroShop - The shopping center company Deutsche EuroShop is the only public company in Germany to invest solely in shopping centers in prime locations. The MDAX-listed company currently has investments in 20 shopping centers in Germany, Austria, Poland and Hungary. Facts & Figures about the Saarpark-Center
Location                                 Neunkirchen
DES shareholding                         50%
Retail floor space in sqm                approx. 33,500
Parking spaces                           approx. 1,600
Number of shops                          approx. 130
Occupancy rate                           98.5%
Catchment area                           0.6 million inhabitants
Opened/restructured                      1989/1999/2009
Website                                  www.saarpark-center-neunkirchen.de
--------------------------------------------------------------------------- 06.10.2016 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. Archive at www.dgap.de --------------------------------------------------------------------------- Language: English Company: Deutsche EuroShop AG Heegbarg 36 22391 Hamburg Germany Phone: +49 (0)40 413 579-0 Fax: +49 (0)40 413 579-29 E-mail: [email protected] Internet: www.deutsche-euroshop.de ISIN: DE0007480204, DE000A1R0W05 WKN: 748020 Indices: MDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange End of News DGAP News Service --------------------------------------------------------------------------- 509065 06.10.2016


Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 218,49 225,05 225,94 224,10 211,75 212,81 0,00
EBITDA1,2 192,42 199,19 197,64 190,46 152,67 160,56 0,00
EBITDA-Marge3 88,07 88,51 87,47 84,99 72,10 75,45
EBIT1,4 192,37 199,14 197,47 161,24 152,50 152,43 0,00
EBIT-Marge5 88,05 88,49 87,40 71,95 72,02 71,63 0,00
Jahresüberschuss1 134,33 79,40 112,09 -251,72 59,95 21,36 0,00
Netto-Marge6 61,48 35,28 49,61 -112,32 28,31 10,04 0,00
Cashflow1,7 156,02 159,20 170,21 111,09 172,67 140,63 0,00
Ergebnis je Aktie8 2,31 1,29 1,81 -4,07 0,97 0,35 1,35
Dividende8 1,45 1,50 0,00 0,04 1,00 2,50 1,40
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: BDO

INVESTOR-INFORMATIONEN
©boersengefluester.de
Deutsche EuroShop
WKN Kurs in € Einschätzung Börsenwert in Mio. €
748020 19,000 Kaufen 1.452,82
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
10,44 13,68 0,76 11,16
KBV KCV KUV EV/EBITDA
0,71 10,33 6,83 16,70
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
2,50 1,65 8,68 25.06.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
14.05.2024 14.08.2024 14.11.2023 26.04.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
0,06% -4,73% -15,74% 0,00%
    
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu Deutsche EuroShop AG  ISIN: DE0007480204 können Sie bei EQS abrufen


Immobilien (Gewerbe) , 748020 , DEQ , XETR:DEQ