Brief: Deutsche Konsum REIT 9-Month Rental Income Up At EUR 40.3 Million

Deutsche Konsum Real Estate AG

13/08/2020 06:14

Aug 13 (Reuters) - DEUTSCHE KONSUM REIT AG  DKG.DE :
    * 9-MONTH RENTAL INCOME ROSE BY 33.8% TO EUR 40.3 MILLION
(9M
2018/2019: EUR 30.1 MILLION)
    * 9-MONTH FUNDS FROM OPERATIONS ("FFO") EVEN INCREASED BY
37% TO
EUR 25.2 MILLION (9M 2018/2019: EUR 18.4 MILLION ADJUSTED)
    * 9-MONTH AFFO (FFO AFTER DEDUCTION OF CAPITALISED
MODERNISATION
MEASURES) AMOUNTED TO EUR 12.9 MILLION (9M 2018/2019: EUR 16.3
MILLION)
    * CONFIRMS ITS FORECAST AND EXPECTS AN FFO BETWEEN EUR 34
MILLION
AND EUR 36 MILLION IN 2019/2020 FINANCIAL YEAR
    * CONFIRMS ITS EXPECTATION TO ACHIEVE AN FFO RUN RATE
(ANNUALISED
FFO WITHOUT ACCRUAL EFFECTS) BETWEEN EUR 40 MILLION AND EUR 42
MILLION AS OF 30 SEPTEMBER 2020

Source text for Eikon:  ID:nEQ5XKJNJa 
Further company coverage:  DKG.DE 

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