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DGAP-News: Deutsche Konsum REIT: Profitable growth continued in the first half of the financial year 2018/2019

DGAP-News: Deutsche Konsum REIT-AG / Key word(s): Half Year Results


Deutsche Konsum REIT: Profitable growth continued in the first half of the financial year 2018/2019


15.05.2019 / 07:00



The issuer is solely responsible for the content of this announcement.


Press release

Deutsche Konsum REIT: Profitable growth continued in the first half of the financial year 2018/2019

- Rental income rises by 56% to EUR 19.5 million

- FFO up 75% to EUR 12.7 million or EUR 0.43 per share

- Real estate portfolio increased to EUR 474.8 million as at 31 March 2019

- EPRA NAV increased by 6.2% to EUR 8.18 per share (after dividend distribution)

- Net debt LTV at 49.1%

 

Broderstorf, 15 May 2019 - Deutsche Konsum REIT-AG ("DKR"), ISIN DE000A14KRD3, continued to grow significantly and profitably in the first half of the current financial year 2018/2019 ("H1 2018/2019").
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