Deutsche EuroShop

EQS-News: Deutsche EuroShop: Operating business picks up in financial year 2023

Retrieved on: 
Wednesday, April 10, 2024
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Hamburg, 19 March 2024 – The shopping center investor Deutsche EuroShop this evening announced its preliminary and as yet unaudited results for financial year 2023.

Key Points: 
  • Hamburg, 19 March 2024 – The shopping center investor Deutsche EuroShop this evening announced its preliminary and as yet unaudited results for financial year 2023.
  • “We recorded significant growth in 2023, both in operational terms and in relation to our investment portfolio.
  • 5.7% more people visited our shopping centers and our tenants increased their retail sales by 8.6% compared to 2022,” explains Executive Board member Hans-Peter Kneip.
  • The portfolio includes the Main-Taunus-Zentrum near Frankfurt, the Altmarkt-Galerie in Dresden and the Galeria Baltycka in Gdansk, among many others.

EQS-News: Deutsche EuroShop continues its growth trajectory in the first nine months of 2023

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Thursday, December 14, 2023
DIY, Tax, News, Growth, Pepco, B.O.C, Heart, EPRA, CET, Czech Republic, EBIT, Tenant, PDF, Clothing, Investment, EBT, NOI, Deutsche EuroShop, Deutsch, FFO, Renewable energy, Department store, Paper

Hamburg, 14 November 2023 - Shopping center investor Deutsche EuroShop AG (DES) recorded solid growth in both its operating business and its investment portfolio in the first nine months of financial year 2023.

Key Points: 
  • Hamburg, 14 November 2023 - Shopping center investor Deutsche EuroShop AG (DES) recorded solid growth in both its operating business and its investment portfolio in the first nine months of financial year 2023.
  • Compared to the first nine months of the previous year, 7.4% more people visited DES shopping centers, while retail sales generated by tenants rose by 11.0%.
  • "The first nine months of the 2023 financial year reinforced our stable growth trajectory.
  • Deutsche EuroShop remains on a solid growth path, underpinned by a stable financial basis and a strategically diversified portfolio.

EQS-News: Deutsche EuroShop: Growth in portfolio and operating profit in the first half of 2023

Retrieved on: 
Tuesday, August 22, 2023
Maintenance, Czech Republic, Coronavirus, Annual, Tax, EBT, EBIT, LTV, FFO, EPRA, RTÉ Executive Board, Investment, Supervisory board, Deutsch, NOI, Growth, PDF, Deutsche EuroShop, Music, Pharmaceutical industry, Bank, Airline

Hamburg, 14 August 2023 – Shopping center investor Deutsche EuroShop (DES) today published its results for the first half of 2023, which were characterised by growth in both the operating business and the investment portfolio.

Key Points: 
  • Hamburg, 14 August 2023 – Shopping center investor Deutsche EuroShop (DES) today published its results for the first half of 2023, which were characterised by growth in both the operating business and the investment portfolio.
  • Compared to the first half of 2022, 11.4% more people visited our shopping centers and our tenants recorded a 14.5% increase in retail sales.
  • Property values fell slightly (-0.7%) in the first half of 2023, resulting in a negative valuation result of €39.8 million.
  • The portfolio includes the Main-Taunus-Zentrum near Frankfurt, the Altmarkt-Galerie in Dresden and the Galeria Baltycka in Gdansk, among many others.

Growing Demand for Real-time Inventory Tracking Spurs Market Expansion for Retail RFID Solutions

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Monday, July 31, 2023
Blockchain, Theft, AIDC, RFID, Internet of things, Sale, Government, Certification, Lowe, US, Automatic identification and data capture, Investment, Radio-frequency identification, Risk, Harvard Innovation Labs, Radio frequency, Checkpoint Systems, Deutsche EuroShop, Growth, RF, H&M, Warehouse

The report highlights the growing government initiatives to adopt Automatic Identification and Data Capture (AIDC) technology and the advancements in RFID technology, which offer significant growth opportunities for the retail RFID market.

Key Points: 
  • The report highlights the growing government initiatives to adopt Automatic Identification and Data Capture (AIDC) technology and the advancements in RFID technology, which offer significant growth opportunities for the retail RFID market.
  • The retail sector is one of the industries that extensively employs RFID tags for tracking goods and stock.
  • As the core elements of the RFID system, the growth of the market for RFID tags is directly correlated with the growth of the worldwide RFID market for retail applications.
  • The applications of retail RFID discussed in the report include inventory tracking, store operations, and customer experience.

ServiceNow to Acquire Artificial Intelligence Powered Platform G2K to Transform Retail and Beyond

Retrieved on: 
Friday, May 12, 2023
Technology, Software, Networks, Internet, Retail, IOT (Internet of Things), Data Management, Artificial Intelligence, Online Retail, LLP, Partnership, Internet of things, Multimedia, Cyprus Securities and Exchange Commission, Organization, Acquisition, Element, NOW Platform DA and PAS, Artificial intelligence, Deutsche EuroShop, AI, Security (finance), Transport, NYSE, G2K, ServiceNow

ServiceNow (NYSE: NOW), the leading digital workflow company making the world work better for everyone, today announced it has signed an agreement to acquire artificial intelligence (AI) powered platform G2K to transform retail and other industries.

Key Points: 
  • ServiceNow (NYSE: NOW), the leading digital workflow company making the world work better for everyone, today announced it has signed an agreement to acquire artificial intelligence (AI) powered platform G2K to transform retail and other industries.
  • ServiceNow plans to add G2K’s smart IoT technology to the Now Platform, enabling businesses to intelligently action digital and in-store data with enterprise-grade workflows.
  • “ServiceNow is relentlessly focused on co-creating the future of work with our customers,” said Karel van der Poel, senior vice president and general manager at ServiceNow.
  • "Together, G2K and ServiceNow will realize a connected vision for our customers and help transform the world of work for retail and beyond – and we couldn't be more excited about it."

EQS-News: Deutsche EuroShop: Portfolio and results growth

Retrieved on: 
Thursday, May 11, 2023
Czech Republic, DES, Coronavirus, Annual, Tax, EBT, EBIT, FFO, EPRA, Federal Executive Boards, Acquisition, Investment, Supervisory board, Deutsch, PDF, Deutsche EuroShop, Holding company, Bank

Dividend proposal for financial year 2022: €2.50 per share

Key Points: 
  • Dividend proposal for financial year 2022: €2.50 per share
    Hamburg, 11 May 2023 – The shopping center investor Deutsche EuroShop (DES) today presented its results for the first three months of financial year 2023.
  • “We have achieved some encouraging results, both strategically and operationally,” explains Executive Board member Hans-Peter Kneip.
  • “On the one hand, acquisitions of additional shares in six of our existing shopping centers led to significant portfolio growth as well as an improvement in key performance indicators.
  • The portfolio includes the Main-Taunus-Zentrum near Frankfurt, the Altmarkt-Galerie in Dresden and the Galeria Baltycka in Gdansk, among many others.

EQS-News: Deutsche EuroShop: Annual Report 2022 published 

Retrieved on: 
Friday, April 28, 2023
Czech Republic, Bank statement, Coronavirus, Annual, Deutsche EuroShop, Investment, RTÉ Executive Board, Supervisory board, PDF, Annual report, Tourism

April 2023 – The shopping center investor Deutsche EuroShop AG, Hamburg, today presented its audited consolidated financial statements for financial year 2022 and confirmed the preliminary results published in March.

Key Points: 
  • April 2023 – The shopping center investor Deutsche EuroShop AG, Hamburg, today presented its audited consolidated financial statements for financial year 2022 and confirmed the preliminary results published in March.
  • Based on the number of 76,464,319 shares issued, this would correspond to a total dividend payment of just under €191.2 million.
  • Deutsche EuroShop is the only public company in Germany to invest solely in shopping centers in prime locations.
  • The portfolio includes the Main-Taunus-Zentrum near Frankfurt, the Altmarkt-Galerie in Dresden and the Galeria Baltycka in Gdansk, among many others.

EQS-News: HOUSING WITH A VISION: TAG IMMOBILIEN AG PUBLISHES SUSTAINABILITY REPORT 2022

Retrieved on: 
Thursday, April 20, 2023
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ESG targets implemented in LTIP for management board; Olaf Borkers to be put up for vote as new member of the supervisory board

Key Points: 
  • ESG targets implemented in LTIP for management board; Olaf Borkers to be put up for vote as new member of the supervisory board
    TAG Immobilien AG (TAG) today published its eleventh sustainability report.
  • This report supplements and complements the financial reporting in the annual report published on 16 March 2023 with all material non-financial aspects of the 2022 financial year.
  • With the sustainability report 2022, we reflect on our sustainability ambitions and vision until 2045, as defined by a concrete set of measures and interim targets.
  • In the past 20 years, he has worked in various senior positions at Deutsche Bank AG, RSE Grundbesitz- und Beteiligungs AG, TAG Immobilien AG (CFO position) and, most recently, Deutsche EuroShop AG (CEO and CFO position).

EQS-News: Deutsche EuroShop: Operational upswing continues in 2022

Retrieved on: 
Tuesday, March 21, 2023
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Consolidated profit of €21.4 million, funds from operations of €130.1 million

Key Points: 
  • Consolidated profit of €21.4 million, funds from operations of €130.1 million
    Hamburg, 21 March 2023 – Deutsche EuroShop this evening announced its preliminary and as yet unaudited results for financial year 2022.
  • In contrast to the previous year, which was significantly affected by store closures mandated by the authorities, tenants were able to open their stores throughout 2022.
  • As a result, revenue in 2022 was only slightly higher than in the previous year at €212.8 million, despite the fact that there were no closure periods.
  • In financial year 2022, Deutsche EuroShop increased its dividend capacity by reversing committed capital reserves.

EQS-News: Deutsche EuroShop: Successful capital increase via rights issue and expansion of shareholdings in six shopping centers

Retrieved on: 
Thursday, February 2, 2023
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Hamburg, 1 February 2023 - Deutsche EuroShop AG (the “Company”) has successfully completed its rights offering resolved on 12 January 2023 and the subsequent placement of unsubscribed shares from authorized capital.

Key Points: 
  • Hamburg, 1 February 2023 - Deutsche EuroShop AG (the “Company”) has successfully completed its rights offering resolved on 12 January 2023 and the subsequent placement of unsubscribed shares from authorized capital.
  • As part of the subscription offer which ended on 30 January 2023, 2,988,462 new shares will be issued through the exercise of subscription rights against cash contributions.
  • Deutsche EuroShop is the only public company in Germany to invest solely in shopping centers in prime locations.
  • The company currently has investments in 21 shopping centers in Germany, Austria, Poland, the Czech Republic and Hungary.