EQS-Adhoc: Deutsche Konsum REIT-AG: Deutsche Konsum REIT-AG sells sub-portfolio and reduces financial liabilities
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EQS-Ad-hoc: Deutsche Konsum REIT-AG / Key word(s): Disposal Potsdam, 28 March 2024 – The Management Board of Deutsche Konsum REIT-AG ("DKR") (ISIN DE000A14KRD3) today notarised the sale of a sub-portfolio.
The sub-portfolio consists of 14 retail properties with an annual rent of around EUR 5.5 million. The properties were sold at a discount of around 3.8% on the current IFRS carrying amounts. DKR expects to be able to complete the transaction by June 2024. The Company will use the liquidity released by the sale of the properties in full to repay bank and bond liabilities. Contact: Deutsche Konsum REIT-AG Christian Hellmuth CFO Marlene-Dietrich-Allee 12b 14482 Potsdam Phone: +49 331 74 00 76 517 Fax: +49 331 74 00 76 599 E-Mail: [email protected] End of Inside Information
28-March-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Deutsche Konsum REIT-AG |
| Marlene-Dietrich-Allee 12b | |
| 14482 Potsdam | |
| Germany | |
| Phone: | +49 (0)331 740076517 |
| Fax: | +49 (0)331 740076599 |
| E-mail: | [email protected] |
| 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: | 1869967 |
| End of Announcement | EQS News Service |
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1869967 28-March-2024 CET/CEST
Deutsche Konsum REIT AG Stock
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