Brief: Fcr Immobilien Plans To Increase Property Portfolio, Increase Capital

FCR Immobilien AG

24/09/2020 11:27

Sept 24 (Reuters) - FCR IMMOBILIEN AG  FC9.DE :
    * PLANS TO SWITCH TO THE REGULATED MARKET AND CAPITAL
INCREASE
    * FCR PLANS TO INCREASE THE PROPERTY PORTFOLIO OF CURRENTLY
MORE
THAN EUR 300 MILLION BY A FURTHER APPROX. 160 MILLION EUROS TO
BE EXPANDED IN 2021.
    * ASSUMING EARNINGS BEFORE TAXES (EBT) OF EUR 11.1 MILLION
FOR
2020, WHICH IS CLOSE TO THE 2019 RESULT DESPITE COVID-19.
    * CASH CAPITAL INCREASE WITH SUBSCRIPTION RIGHTS FOR
EXISTING
SHAREHOLDERS AND A PUBLIC OFFER ARE PLANNED, WHICH WILL BE USED
FOR EXPANSION OF REAL ESTATE PORTFOLIO

Source text for Eikon:  ID:nEQ9mbnQ6a 
Further company coverage:  FC9.DE 

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