Deutsche Konsum REIT-AG : Final FY 2022-23 figures broadly confirmed mixed preliminary figures - dividend suspension as already communicated
>Final FFO I slightly below guidance - Today, Deutsche Konsum REIT (DKG) published final FY 2022-23 figures (from April to June 2023) which broadly confirmed its mixed preliminary figures released on 24 November with higher-than-expected property devaluations at that point in time. Rental revenues increased by +7.2% y-o-y to € 79.7m, close to our forecast of € 78.9m, driven by a slightly larger portfolio and rent indexation. Nevertheless, FFO I declined slightly ...Deutsche Konsum REIT AG. Deutsche Konsum REIT AG is a Germany-based real estate investment company. It focuses on the acquisition, rental, inventory management, and sale of retail properties across Germany, with focus on regional centers and micro-locations in the northern and eastern part of Germany.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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