Deutsche Konsum REIT-AG releases forecast for FY 2016/17 of 47c FFO and 42c aFFO per share following strong Q1 results

Deutsche Konsum REIT-AG releases forecast for FY 2016/17 of 47c FFO and 42c aFFO per share following

Deutsche Konsum REIT-AG releases forecast for FY 2016/17 of 47c FFO and 42c aFFO per share following strong Q1 results

 

Deutsche Konsum REIT-AG  / Key word(s): Forecast

01.03.2016 08:10

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
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Deutsche Konsum REIT-AG releases forecast for FY 2016/17 of 47c FFO and 42c
aFFO per share following strong Q1 results.

Deutsche Konsum REIT-AG finished the first quarter of the FY 2015/16 with a
profit of EUR 1.1 million in spite of the costs of listing at the Berlin
stock exchange. FFO amounted to EUR 1.05 million in the last quarter.
Allowing for already notarized additions to the portfolio the current pro
forma annualized run rate is approximately 6.4m aFFO (or 39cents per share)
and 7.1 million of FFO (or 43cents per share). Following the successful
capital increase earlier this month and assuming the accretive investment
of the proceeds raised, the company issues a guidance for the FY 2016/17 of
47c FFO and 42c aFFO per share.


01.03.2016 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:      Deutsche Konsum REIT-AG
              Försterweg 2
              14482 Potsdam
              Germany
Phone:        +49 (0)331 740076510
Fax:          
E-mail:       wr@obocap.com
Internet:     www.deutsche-konsum.de
ISIN:         DE000A14KRD3
WKN:          A14KRD 
Listed:       Regulated Market in Berlin; Open Market in Frankfurt 
 
End of Announcement                             DGAP News-Service
 
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