Brief: Egnsinvest Ejendomme Tyskland Prelim Q3 EBVAT At DKK 4.5 Million

Egnsinvest Ejendomme Tyskland A/S

10/10/2023 09:35

Oct 10 (Reuters) - EgnsINVEST Ejendomme Tyskland A/S
 EGENTY.CO :
    * PRELIM Q3: EXPECTS RESULT BEFORE PRICE AND VALUE
ADJUSTMENT AND
TAX (EBVAT) WILL BE DKK 4.5 MILLION
    * RISING INTEREST RATES HAVE LONG PUT PRESSURE ON THE
PROPERTY
MARKET
    * EXPECTS TO CARRY OUT A MAJOR WRITE-DOWN OF PROPERTY VALUES
IN
Q3, OF 13% OF PROPERTY VALUES SINCE START OF YEAR, CORRESPONDING
TO DKK -230.6 MILLION

Source text for Eikon:  ID:nGNE3kTy9g 
Further company coverage:  EGENTY.CO 

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