Deutsche Konsum REIT: DKR share launched with secondary listing on the Johannesburg Stock Exchange
DGAP-News: Deutsche Konsum REIT-AG / Key word(s): Miscellaneous
Deutsche Konsum REIT: DKR shares launched with secondary listing on the Johannesburg Stock Exchange
Prior to the listing on the JSE, DKR held a successful roadshow with South African investors in the previous week and attended more than 20 different meetings. The great interest of investors in DKR's equity story and the secondary listing in South Africa was once again confirmed.
With the secondary listing on the JSE, DKR intends to build up a track record with South African investors in the medium to long term and to improve the liquidity of the share in the foreseeable future.
Rolf Elgeti, CEO of Deutsche Konsum REIT-AG: "We are delighted to be listed on the JSE, making us the first German REIT to have a listing in South Africa. We are convinced that this is a sensible step to tap into the professional and real estate affine investor base in South Africa that is looking to benefit from DKR's continued growth."
About the Company
Due to its REIT status ('Real Estate Investment Trust'), the Company is exempt from corporation and trade tax. The shares of the Company are listed on the Prime Standard of the Deutsche Boerse (ISIN: DE 000A14KRD3) and on the Johannesburg Stock Exchange (South Africa) by way of a secondary listing. Further information on the Company can be found at https://www.deutsche-konsum.de/en/.
|Company:||Deutsche Konsum REIT-AG|
|Phone:||+49 (0)331 740076517|
|Fax:||+49 (0)331 740076520|
|Listed:||Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange; JSE Securities Exchange|
|EQS News ID:||1173873|
|End of News||DGAP News Service|