Press Releases from WCM Beteiligungs- und Grundbesitz-AG (8 total)
WCM Annual General Meeting agrees by a large majority to all agenda items
- Dividend pay-out of EUR 0.10 per share for 2016
- Dr. Christian Schede as another member of the Supervisory Board elected
- Positive feedback on TLG IMMOBILIEN AG's takeover offer
Frankfurt am Main, 4. July 2017 - At the Annual General Meeting of WCM Beteiligungs- und Grundbesitz-AG (WCM AG, ISIN: DE000A1X3X33) for the 2016 financial year, the company's shareholders approved all agenda items by a large majority of at least over 98.80…
WCM AG: 2016 again with profitable growth-further FFO increase in 2017 of EUR 23 …
- Funds from operations (FFO I) more than doubled to EUR 18.0 million
- Rental income increased to EUR 32.6 million after EUR 10.4 million in previous year
- FFO I guidance for 2017: EUR 23-24 million - already supported by existing portfolio and latest acquisitions
- Further portfolio growth anticipated for 2017
- Dividend of minimum 50% of FFO expected for business year 2017 again
Frankfurt am Main, 21 March 2017 - SDAX listed…
WCM acquires further retail portfolio and increases NAV and FFO significantly
• Acquisition of three retail centres with rental space of 88,000 square metres for EUR 98.2 million
• Annualised rental income of EUR 7.6 million and annualised Funds from Operations (FFO) of around 4.2 million
• EPRA vacancy rate of 7 percent with leading grocery chain as anchor tenant for all locations with a WALT of 6.1 years
• Pro forma portfolio value increases to around 766 EUR million
• EPRA NAV per share of minimum 2.85 Euro…
WCM reports strong 2015 year end results
• WCM confirms pre-announced results from 25 April 2016
• Funds from operations (FFO I) in first operational year at EUR 7.9 million
• EPRA Net Asset Value (NAV) at EUR 290.6 million or EUR 2.38 per share
• Portfolio growth to EUR 505.7 million with a weighted average remaining lease time (WALT) of 9.4 years and an EPRA vacancy rate of 4.8 percent
• FFO I between EUR 18.0 million and EUR 21.0 million projected for 2016…
WCM pre-announces net income of EUR 57.7 million for 2015
Ad hoc announcement according to § 15 WpHG
Frankfurt am Main, 25 April 2016 – WCM Beteiligungs- und Grundbesitz-AG (WCM AG, ISIN: DE000A1X3X33) pre-announces an unaudited net income of EUR 57.7 million for 2015 compared to EUR 1.2 million in 2014. The earnings per share of EUR 0.72 has increased significantly from EUR 0.08 in 2014. The funds from operations rose to EUR 7.9 million. The net asset value (NAV) according…
WCM Beteiligungs- und Grundbesitz-AG: WCM acquires further DIY store
- Purchase price of around EUR 22 million with a leasable area of around 13,500 square metres
- FFO yield of 13 percent per year
- Long-term lease of 15 years from closing date
Frankfurt, 25 February 2016 - WCM Beteiligungs- und Grundbesitz-AG (WCM AG, ISIN: DE000A1X3X33) announces the acquisition of a further DIY store near Stuttgart, in one of Germany's most economically powerful regions. The transaction, which had been announced in mid-December…
WCM signs contract for announced purchase of office property in Frankfurt
• Closing expected for September 2015
• Annual rental income of EUR 4.8 million
• Weighted average lease term (WALT) of the property is around 20 years
Frankfurt, 22 June 2015 – WCM Beteiligungs- und Grundbesitz-AG (WCM AG, ISIN: DE000A1X3X33) today announced that the purchase agreement for the commercial property in Frankfurt whose acquisition had already been announced in an ad hoc disclosure dated 2 June 2015 was notarised today. The seller of the property is…
WCM reports on the first quarter of 2015
Ad-hoc announcement according to § 15 WpHG
• Accelerated portfolio build-up
• Positive earnings – large portion of transaction costs already recognised in first quarter
• Continued strong growth planned for the full year
Frankfurt, 21 May 2015 – WCM Beteiligungs- und Grundbesitz-AG (WCM AG, ISIN: DE000A1X3X33) today announced figures for the first quarter of 2015, which reflect the build-up of the Company’s portfolio. WCM AG recognised investment property totalling EUR 86.0 million as at 31 March…
