Report
Manuel Martin, CEFA,CREA

Deutsche Konsum REIT-AG : On the way to gaining further momentum in rental revenues

>Slightly soft Q1 but outlook was confirmed for FY 2019-20 - Yesterday (Thursday, 13 February), Deutsche Konsum REIT (DKG) published its Q1 2019-20 figures which were, overall, slightly below our estimates but the outlook for FY 2019-20e was confirmed and the FY 2019-20 FFO I run rate was increased.Rental revenues increased +8.4% y-o-y to € 12.2m, slightly below our estimate of € 12.7m. Net rental income rose by +9.8% y-o-y to € 8.5m which was also below our est...
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

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