Brief: Defama Deutsche Fachmarkt Liquid Funds Secured For Further Acquisitions

Defama Deutsche Fachmarkt AG

11/09/2020 09:48

Sept 11 (Reuters) - DEFAMA DEUTSCHE FACHMARKT AG  DEF.DE :
    * LIQUID FUNDS SECURED FOR FURTHER ACQUISITIONS
    * IN OUR OPINION, THE LIQUIDITY PORTFOLIO SHOULD INCREASE TO
AROUND EUR 7.5 MILLION AFTER THE FINANCING HAS BEEN COMPLETED
    * ON THE BASIS OF OUR CALCULATIONS, NEW PROPERTIES WITH A
TOTAL
VALUE OF APPROX. EUR 37.5 MILLION COULD BE PURCHASED
    * SHOULD NOW BE ABLE TO COLLECT THE FUTURE ANNUAL FFO OF THE
CENTRE IN THE AMOUNT OF EUR 800,000 ON A LONG TERM BASIS
    * EXPECTS TO RECEIVE LIQUID FUNDS OF ABOUT EUR 3 MILLION IN
CONNECTION WITH LONG-TERM FINANCING OF PROPERTY, STILL TO BE
CONCLUDED

Source text for Eikon:  ID:nNDL4YWxFv 
Further company coverage:  DEF.DE 

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