GERHSP German High Street Properties

Value adjustment of properties

Value adjustment of properties

Nasdaq OMX Copenhagen A/S

Charlottenlund, February 27, 2025

Announcement no. 272

Value adjustment of properties

Based on a broker valuation from a German commercial real estate agent, the company's board of directors has assessed the German real estate portfolio of the German High Street Properties-Group at EUR 91.1 million as of 31.12.2024 resulting in a positive gross value adjustment of EUR 1.6 million in the 4th quarter 2024 compared to the most recent property value in the 3rd quarter report of 2024 and a positive gross value adjustment of EUR 0,1 million as of 31.12.2024 compared to 31.12.2023.

German properties valuation EUR 91.1 million as of 31.12.2024

The net total negative value adjustment for the period January 1 to December 31, 2024, is EUR 0.2 million, which is the sum of the positive gross value adjustment of EUR 0,1 million in 2024 as mentioned above adjusted for the period's building improvements totaling EUR 0.3 million.

The reason for the increased property value in the 4th quarter of 2024 is due to increasing rental income in a market with stable capitalization factors.

Any questions can be directed to the undersigned on .

Sincerely, German High Street Properties A/S

Hans Thygesen

Chairman of the Board



EN
27/02/2025

Underlying

GERHSPGerman High Street Properties

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on German High Street Properties

 PRESS RELEASE
Free
GERHSP German High Str...

Planned change in the position of Chief Executive Officer

Planned change in the position of Chief Executive Officer Nasdaq OMX Copenhagen A/S Charlottenlund, December 18, 2025 Announcement no. 289 Planned change in the position of Chief Executive Officer As part of a planned generational transition, the Board of Directors of German High Street Properties A/S after mutual agreement with Chief Executive Officer Michael Hansen has decided that he will step down from his position on 31 December 2025. Martin Ernst will be the new CEO and will take over the position of Chief Executive Officer on the same date. Martin Ernst holds a Master of Scienc...

December 18, 2025 1 EN
 PRESS RELEASE
Free
GERHSP German High Str...

Financial expections 2026

Financial expections 2026 Nasdaq OMX Copenhagen A/S Charlottenlund, November 28, 2025 Announcement no. 288 Financial expectation 2026 The Board of Directors has today reviewed and approved the budget for 2026 for German High Street Properties A/S. The company expects a total positive result before value adjustments and taxes for the financial year 2026 in the range of T.EUR 200.0 – 800.0. The expectation is given with a reservation for a higher interest rate than expected, as the general geopolitical situation may negatively affect the result, as well as higher extraordinary legal cos...

November 28, 2025 1 EN
 PRESS RELEASE
Free
GERHSP German High Str...

Interim Report for the period January 1 – September 30, 2025

Interim Report for the period January 1 – September 30, 2025 Nasdaq OMX Copenhagen A/S Charlottenlund November 28, 2025 Announcement no. 287 Interim Report for the period January 1 – September 30, 2025 The Board of Directors has today reviewed and adopted the attached interim report for the period January 1 to September 30, 2025. The result before value adjustments and tax for the period January 1 to September 30, 2025, showed a profit of T.EUR 480.0. The result is considered as expected.The management assessed the property value in German properties at EUR 84.5 million as of Septembe...

November 28, 2025 1 EN
 PRESS RELEASE
Free
GERHSP German High Str...

Value adjustment of properties

Value adjustment of properties Nasdaq OMX Copenhagen A/S Charlottenlund, November 28, 2025 Announcement no. 286 Value adjustment of properties Based on information from the German commercial real estate agent who normally evaluates our properties, the company's board of directors has assessed the German High Street Properties Group's real estate portfolio at EUR 84.5 million as of September 30, 2025, resulting in a negative value adjustment of EUR 4.0 million in the 3rd quarter of 2025 compared to the most recent property value in 1st quarter report of 2025 and a negative gross value a...

November 28, 2025 1 EN
 PRESS RELEASE
Free
GERHSP German High Str...

Results of extraordinary general meeting

Results of extraordinary general meeting Nasdaq OMX Copenhagen A/S Charlottenlund, November 28, 2025 Announcement no. 285 Results of extraordinary general meeting German High Street Properties A/S (the “Company”) hereby announces the results of the extraordinary general meeting held today, Friday 28 November 2025, at 10:00 AM, at Søllerødvej 64, 2840 Holte. As previously announced in company announcement no. 279 of 9 October 2025, certain shareholders had submitted a request for scrutiny and requested that an extraordinary general meeting be convened. At the extraordinary general meet...

November 28, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch