RCM Beteiligungs - Ready for portfolio expansion
In FY20 RCM largely completed the portfolio repositioning process it launched in 2019, resulting in combined income from property disposals in FY20 and FY19 of c €31m. Until end-December 2020, RCM had reinvested only €9.3m in new real estate assets, which could be due to the pandemic-driven slowdown in market transactions. The healthy liquidity situation, coupled with net debt decreasing to €13.6m as at end-December 2020, puts RCM in a strong position to execute transactions in the residential and commercial sectors, which are the areas it considers have the best potential.RCM Beteiligungs AG is a Germany-based investment company that invests in real estate and third companies. In the real estate segment, the Company focuses on residential real estate properties in Eastern Germany. The Company operates through SM Wirtschaftsberatung AG, SM Capital AG, SM Domestic Property AG, Krocker GmbH Dresden and Apollo Hausverwaltung GmbH Dresden.
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