Report
Manuel Martin, CEFA,CREA

Deutsche Konsum REIT-AG : More fuel for further growth

>Cash capital increase of € 51m completed - On 15 May 2020, Deutsche Konsum (DKG) announced the successful completion of a cash capital increase, raising gross proceeds of c.€ 51m. The company placed 3.2m new shares at a price of € 16.00, i.e. a discount of 7.8% vs the closing price of € 17.35 on 14 May, thereby raising its number of shares by almost 10% to 35.2m. To increase the free float and due to strong demand from long-term oriented investors, main shareholder O...
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