Deutsche Industrie REIT-AG: Significant revaluation of Deutsche Industrie REIT-AG's real estate portfolio as of 30 June 2019

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Deutsche Industrie REIT-AG / Key word(s): Real Estate/Preliminary ResultsDeutsche Industrie REIT-AG:

Deutsche Industrie REIT-AG: Significant revaluation of Deutsche Industrie REIT-AG's real estate portfolio as of 30 June 2019

Deutsche Industrie REIT-AG / Key word(s): Real Estate/Preliminary Results
Deutsche Industrie REIT-AG: Significant revaluation of Deutsche Industrie REIT-AG's real estate portfolio as of 30 June 2019

31-Jul-2019 / 16:47 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014

Significant revaluation of Deutsche Industrie REIT-AG's real estate portfolio as of 30 June 2019

Rostock, 31 July 2019: The regular annual valuation of the Deutsche Industrie REIT-AG property portfolio to be balanced as of 30 June 2019 leads to a preliminary positive valuation result of around EUR 36.2 million. The valuation result was confirmed by our external independent appraiser.

The reasons for the higher values are mainly higher market values, especially in the logistics segment, as well as higher market rents and operational enhancements in the portfolio.

Taking acquisitions and disposals into account, the value of the real estate portfolio reported in the balance sheet will rise from around EUR 284.1 million as of 31 March 2019 to around EUR 358.6 million as of 30 June 2019.

Contact:
Deutsche Industrie REIT-AG
Mr René Bergmann
Chief Financial Officer
August-Bebel-Str. 68
14482 Potsdam
Tel. +49 331 740 076 535

31-Jul-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Deutsche Industrie REIT-AG
August-Bebel-Str. 68
14482 Potsdam
Germany
Phone: +49 331 740076 5 - 0
Fax: +49 331 / 740 076 520
E-mail: rb@deutsche-industrie-reit.de
Internet: www.deutsche-industrie-reit.de
ISIN: DE000A2G9LL1, DE000A2GS3T9
WKN: A2G9LL, A2GS3T
Listed: Regulated Market in Berlin, Frankfurt (Prime Standard)
EQS News ID: 849831


 
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