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AT1 — Aroundtown SA News Story

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Aroundtown drops after posting 9-month results

** Shares in Aroundtown AT1.DE are down around 7% after the property group published its 9-month results

** Results "did not contain any big surprise" and were "a bit below our estimates", ODDO BHF analyst Manuel Martin says

** The market expected "a bit higher" funds from operations (FFO I), which is a key performance metric used by real estate companies, Martin says, but adds the share price drop "seems to be exaggerated"

** If losses hold, shares will see their worst day since April

(Reporting by Emanuele Berro and Marleen Kaesebier)

((Emanuele.berro@thomsonreuters.com))

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