Associated tags: DKR, ISIN, REIT, EUR, Real estate, EPRA, JSE Limited, JSE, Real estate investment trust, FFO, Sale, Webcast, Lifting, Deutsch, Australian real estate investment trust
Locations: DEUTSCHLAND, BRANDENBURG, GERMANY
Retrieved on:
Wednesday, April 10, 2024
Potsdam, 26 March, 2024 - Deutsche Konsum REIT-AG ("DKR") (ISIN DE000A14KRD3) is currently primary listed on the Frankfurt Stock Exchange (“FSE”) and secondary listed on the Main Board of the Johannesburg Stock Exchange (“JSE”).
Key Points:
- Potsdam, 26 March, 2024 - Deutsche Konsum REIT-AG ("DKR") (ISIN DE000A14KRD3) is currently primary listed on the Frankfurt Stock Exchange (“FSE”) and secondary listed on the Main Board of the Johannesburg Stock Exchange (“JSE”).
- The Company`s secondary listing on the JSE on 8 March 2021 was intended to attract interested South African investors.
- Since the Company’s secondary listing on the JSE, the Company engaged in various initiatives and numerous investor discussions, however, these engagements have not yielded the desired results from a South African market perspective.
- In this regard, the Company will commence engaging with its South African shareholders and the JSE in due course.
Retrieved on:
Wednesday, April 10, 2024
Potsdam, 28 March 2024 - The Management Board of Deutsche Konsum REIT-AG (ISIN DE000A14KRD3) today notarised the sale of a sub-portfolio of 14 properties.
Key Points:
- Potsdam, 28 March 2024 - The Management Board of Deutsche Konsum REIT-AG (ISIN DE000A14KRD3) today notarised the sale of a sub-portfolio of 14 properties.
- The sub-portfolio is made up of various property types - from free-standing food discounters to regionally dominant retail parks, the retail properties form a cross-section of DKR's portfolio.
- On average, DKR has succeeded in increasing the annual rent of the properties for sale by around 10% over the holding period since the properties were acquired.
- The proceeds from the sale are to be used in full to repay bank liabilities and to partially repay maturing bonds.
Retrieved on:
Wednesday, February 14, 2024
This was mainly due to index-based rent increases and the most recent acquisitions, which only generated rental income in the same quarter of the previous year partially.
Key Points:
- This was mainly due to index-based rent increases and the most recent acquisitions, which only generated rental income in the same quarter of the previous year partially.
- Net rental income declined slightly, mainly due to lower income from operating cost allocations compared to the previous year.
- Deutsche Konsum REIT-AG will hold an analyst conference (webcast and conference call) on the results of the first quarter of the 2023/2024 financial year today, 14 February 2024, 10:00 a.m. CET/11:00 SAST.
- The Quarterly Statement for the first quarter of the 2023/2024 financial year is available for download under https://www.deutsche-konsum.de/en/investor-relations/financial-reports .
Retrieved on:
Saturday, December 30, 2023
Policy,
Running,
Sale,
DKR,
Acquisition,
REIT,
LTV,
Bank statement,
Annual,
EPRA,
Webcast,
FFO,
ECB,
Environment,
Lithium By contrast, the result from property management was burdened by higher running costs and expenses relating to other periods and therefore rose only marginally.
Key Points:
- By contrast, the result from property management was burdened by higher running costs and expenses relating to other periods and therefore rose only marginally.
- FFO is therefore below the guidance (EUR 36 million to EUR 39 million).
- As previously announced, no dividend proposal can be made due to the negative annual result for the past financial year 2022/2023.
- Deutsche Konsum REIT-AG will hold an analysts' conference (webcast and conference call) on the annual results of the 2022/2023 financial year today, 19 December 2023, 10:00 a.m. CET/11:00 SAST.
Real,
Maintenance,
Financial Oversight and Management Board for Puerto Rico v. Aurelius Investment, LLC,
REIT,
Tax,
Sale,
DIY,
FFO,
EPRA,
Acquisition,
DKR Engineering,
DKR,
Webcast,
Growth,
Scheyern,
Renting,
Film industry,
Lithium,
Retail,
EUR The annualised rent of the real estate portfolio thus rose to EUR 78.9 million.
Key Points:
- The annualised rent of the real estate portfolio thus rose to EUR 78.9 million.
- Rental income rose from EUR 36.5 million to EUR 38.2 million (adjusted for one-off effects).
- Funds from operations ("FFO"), on the other hand, fell by around 15% or EUR 4.6 million to EUR 27.0 million (EUR 0.77 per share).
- The quarterly statement on the first nine months of the 2022/2023 financial year is available for download at https://www.deutsche-konsum.de/en/investor-relations/financial-reports .
Financial Oversight and Management Board for Puerto Rico,
Scope,
DIY,
FFO,
BBB,
EPRA,
Acquisition,
DKR,
ISIN,
Webcast,
Scheyern,
Environment,
Security (finance),
Lithium,
Renting,
Real estate,
EUR Potsdam, 12 May 2023 - Deutsche Konsum REIT-AG (ISIN DE000A14KRD3) has recorded solid business development in the first half of the current financial year 2022/2023.
Key Points:
- Potsdam, 12 May 2023 - Deutsche Konsum REIT-AG (ISIN DE000A14KRD3) has recorded solid business development in the first half of the current financial year 2022/2023.
- The net rental income also rose slightly over proportionally from EUR 24.7 million to EUR 26.5 million.
- This led to annualised rental growth of 3.4% (like-for-like) in the first half of the financial year.
- The half-yearly financial report of 2022/2023 financial year is available for download at https://www.deutsche-konsum.de/en/investor-relations/financial-reports .
The issuer is solely responsible for the content of this announcement.
Key Points:
- The issuer is solely responsible for the content of this announcement.
- Potsdam, 8 May 2023 – Nicholas Cournoyer, member of the Supervisory Board of Deutsche Konsum REIT-AG ("DKR") (ISIN DE000A14KRD3), informed the Management Board and the Supervisory Board of the Company on 5 May 2023 that he will resign from his office with immediate effect for health reasons.
- Mr Cournoyer had already informed the Company in January 2023 that he would resign from office with effect from the end of the Annual General Meeting 2023.
- The Supervisory Board and the Management Board thank Mr Cournoyer for his valuable work and wish him all the best.
Retrieved on:
Wednesday, March 22, 2023
Potsdam, 22 March 2023 - Deutsche Konsum REIT-AG (ISIN DE000A14KRD3) has published several announcements of directors' dealings as well as voting rights announcements over the past few days.
Key Points:
- Potsdam, 22 March 2023 - Deutsche Konsum REIT-AG (ISIN DE000A14KRD3) has published several announcements of directors' dealings as well as voting rights announcements over the past few days.
- DKR shares held by Obotritia Capital KGaA ("Obotritia") and some of its wholly owned subsidiaries were sold and transferred between these parties and subsequently pledged.
- These transactions solely represent internal rearrangements within the Obotritia group to optimise its shareholding structure.
- The transactions are not related to the postponed Annual General Meeting or the REIT status of the Company and have no impact on DKR's business activities.
Annual general meeting,
Islamabad Wildlife Management Board,
Articles of association,
ISIN,
Federal Gazette,
Article,
Mass meeting,
DKR,
Annual,
Security (finance),
Beauty salon Potsdam, 7 March 2023 – Deutsche Konsum REIT-AG (ISIN DE000A14KRD3) postpones its Annual General Meeting to the end of May 2023 and therefore cancels the Annual General Meeting convened for 16 March 2023.
Key Points:
- Potsdam, 7 March 2023 – Deutsche Konsum REIT-AG (ISIN DE000A14KRD3) postpones its Annual General Meeting to the end of May 2023 and therefore cancels the Annual General Meeting convened for 16 March 2023.
- The Management Board of DKR will issue another invitation to the Annual General Meeting 2023 in due course once a new date has been set.
- The invitation to the Annual General Meeting 2023 published in the Federal Gazette on 6 February 2023 is therefore to be disregarded.
- The Company therefore intends to await the conclusion of these discussions and to issue a new invitation to this year's Annual General Meeting in due time.
Retrieved on:
Wednesday, February 22, 2023
Investment,
Sale,
SAST,
DIY,
EPRA,
ISIN,
Saskatchewan River Sturgeon Management Board,
Maintenance,
FFO,
Webcast,
Beauty salon,
Lithium,
Film industry,
Cryptocurrency,
EUR Potsdam, 14 February 2023 – Deutsche Konsum REIT-AG (ISIN DE000A14KRD3) has closed the first quarter of the new financial year 2022/2023 with solid results.
Key Points:
- Potsdam, 14 February 2023 – Deutsche Konsum REIT-AG (ISIN DE000A14KRD3) has closed the first quarter of the new financial year 2022/2023 with solid results.
- This is due on the one hand to further acquisitions, but also to CPI-linked rent increases in the past financial year due to value protection clauses.
- The corresponding results presentation as well as further information on the webcast and the conference call can be found at https://www.deutsche-konsum.de/en/investor-relations .
- The financial report for the first quarter of 2022/2023 is available for download at https://www.deutsche-konsum.de/en/investor-relations/financial-reports .
