Press Releases from Fair Value REIT-AG (5 total)
Jump in earnings for Fair Value REIT-AG in 2015
• EBIT more than doubled to EUR 12.3 million in 2015
• Group net profit of EUR 6.6 million (previous year: group net loss of EUR 47 thousand)
• Funds from operations (EPRA result) increased by 45% to EUR 6.4 million (previous year: EUR 4.4 million)
• Proposed dividend for 2014 of EUR 0.25 per share (55% of FFO)
• REIT equity ratio increased to 59.6% (previous year: 49.2%)
Munich, 23 March 2016 – Fair Value REIT-AG…
Fair Value REIT-AG sells two properties in North Rhine-Westphalia and Schleswig- …
Munich, 21 March 2016 – Fair Value REIT-AG (ISIN DE000A0MW975) is systematically pursuing its portfolio streamlining policy and has sold two properties it no longer considered part of its core portfolio in Radevormwald, North Rhine-Westphalia, and in Tornesch, Schleswig-Holstein, for a profit.
The property in Radevormwald is a nursing home owned by the subsidiary BBV Immobilien-Fonds Nr. 8 GmbH & Co. KG, in which Fair Value REIT-AG had obtained a…
Fair Value REIT-AG: New Supervisory Board extends Frank Schaich’s tenure as CE …
Munich, 11 March 2016 – As of 1 March 2016, the Supervisory Board of Fair Value REIT-AG (ISIN DE000A0MW975) has two new members. Hon.-Prof. Andreas Steyer and Mr. Markus Drews, who were appointed by the Munich local court, are both members of the Management Board of DEMIRE Deutsche Mittelstand Real Estate AG, Frankfurt. They will stand for election by the shareholders at the Annual General Meeting of Fair Value REIT-AG…
Fair Value REIT-AG with successful repositioning of shopping center in Eisenhuet …
Munich, 2 March 2016 – Fair Value REIT-AG (ISIN DE000A0MW975) is able to report on a number of leasing successes at the Eisenhuettenstadt property named “City Center”, which is owned by Fair Value’s subsidiary BBV 10. Four major leases with a total area of around 7,600 m² and lease terms of at least 10 years have been signed with the retail chains EDEKA, Penny, Rossmann and Woolworth. Following the exits…
Fair Value REIT-AG continues its growth strategy
Fair Value REIT-AG continues its growth strategy and strengthens its portfolio with the acquisition of a majority stake in the closed end real estate fund BBV 08
• Consolidated real estate portfolio goes up by EUR 36m
• NAV rises by EUR 2.3m in total or EUR 0.16 per share
• Investment to initially generate annualized FFO-contribution of c. 12%
Munich, 1 July 2015 – Fair Value REIT-AG (“Fair Value”) successfully continues its growth strategy with…
