Deutsche Konsum REIT-AG: Deutsche Konsum REIT-AG receives around EUR 30.6 million repayment on its outstanding loan receivables from Obotritia Capital KGaA

Deutsche Konsum REIT-AG / Key word(s): Agreement
Deutsche Konsum REIT-AG: Deutsche Konsum REIT-AG receives around EUR 30.6 million repayment on its outstanding loan receivables from Obotritia Capital KGaA

31-Oct-2024 / 14:33 CET/CEST
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Deutsche Konsum REIT-AG receives around EUR 30.6 million repayment on its outstanding loan receivables from Obotritia Capital KGaA

Potsdam, 31 October 2024 - Deutsche Konsum REIT-AG ("DKR") (ISIN DE000A14KRD3) today received a repayment of around EUR 30.6 million on its loan receivables from Obotritia Capital KGaA ("Obotritia Capital").

A further repayment of around EUR 7.4 million was indicated by Obotritia Capital for the first quarter of the financial year 2024/2025. Under the condition of this further repayment, a further extension of the repayment date for the then outstanding repayment amount until 31 December 2025 was agreed with Obotritia Capital.

Since DKR had made a provision against the loan receivables from Obotritia Capital as of 30 September 2023 as a precautionary measure, the current payment and the further repayment indicated will result in extraordinary income in its income statement for the financial year 2023/2024 of around EUR 28.2 million.

 

Contact:

Deutsche Konsum REIT-AG
The Management Board
Marlene-Dietrich-Allee 12b
14482 Potsdam
Germany
Phone: +49 (0) 331 74 00 76 - 517
E-mail: kt@deutsche-konsum.de

 



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Language:English
Company:Deutsche Konsum REIT-AG
Marlene-Dietrich-Allee 12b
14482 Potsdam
Germany
Phone:+49 (0)331 740076512
Fax:+49 (0)331 740076599
E-mail:ak@deutsche-konsum.de
Internet:www.deutsche-konsum.de
ISIN:DE000A14KRD3
WKN:A14KRD
Listed:Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Munich, Stuttgart, Tradegate Exchange; JSE Securities Exchange
EQS News ID:2020269


 
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