Edison Investment Research - Fair Value REIT-AG (FVI) Update: Shifting to growth

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Edison Investment Research

Update: Shifting to growth

2015 saw Fair Value Reit (FVI) moving into a growth phase after several years of focusing on portfolio optimisation. New growth capital was raised early in the year with the proceeds directed towards a majority holding in a new subsidiary, increased participation in existing subsidiaries, and the direct acquisition of properties previously held within subsidiaries. The capital base is sufficient to support further significant growth that is not yet reflected in our base case forecasts. DEMIRE acquired 78% in the voluntary public takeover offer in December 2015 but FVI retains its listing and REIT status.

29/04/2016 10 EN

Underlying

Fair Value REIT-AG

Fair Value Reit AG is a Germany-based real estate investment trust. The Company specializes in the acquisition, management and sale of commercially used property, including retail and office retail properties at secondary locations across Germany. The Company's wholly owned subsidiaries are GP Value Management GmbH, BBV 3 Geschaeftsfuhrungs-GmbH & Co KG, BBV 6 Geschaeftsfuhrungs-GmbH & Co KG, BBV 9 Geschaeftsfuhrungs-GmbH & Co KG, BBV 10 Geschaeftsfuhrungs-GmbH & Co KG and BBV 14 Geschaftsfuhrungs-GmbH & Co KG. Other subsidiaries include IC Fonds & Co Bueropark Teltow KG, IC Fonds & Co Forum Neuss KG, IC Fonds & Co Gewerbeportfolio Deutschland 13. KG and IC Fonds & Co SchmidtBank-Passage KG, among others.

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DE000A0MW975 Germany

Provider

Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Update: Shifting to growth

EQS-News: Fair Value REIT-AG in 2023 mit Zuwächsen bei Mieteinnahmen und operativem Ergebnis

EQS-News: Fair Value REIT-AG verlängert Mietvertrag in Lutherstadt Wittenberg

EQS-News: Fair Value REIT-AG mit Vermietungserfolg in Langenfeld

Record - AUME momentum and a sharper focus

Actinogen Medical - Funding in place through key catalysts

Henderson Opportunities Trust - A differentiated exposure to smaller companies

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