Report
Manuel Martin, CEFA,CREA

Deutsche Konsum REIT-AG : Slow start in Q1 mainly due to higher interest costs but FFO I guidance confirmed

>FFO I below our estimate despite slight increase in rental revenues - Yesterday (14 February), Deutsche Konsum REIT (DKG) published Q1 2022-23 figures (from October to December 2022) with FFO I below our estimate, despite a slight increase in rental revenues and an unchanged net rental income y-o-y, which was in line with our forecast. Based on its planning, the company confirmed its FY 2022-23e FFO I guidance of € 40-44m.DKG´s higher interest cost ate i...
Underlying
Deutsche Konsum REIT-AG

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Manuel Martin, CEFA,CREA

ResearchPool Subscriptions

Get the most out of your insights

Get in touch