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Deutsche Annington Immobilien SE: The operational strength of Deutsche Annington is evident in its annual financial statements. Furthermore, the company is investing in housing stocks at record levels

DGAP-News: Deutsche Annington Immobilien SE / Key word(s): Final
Results/Real Estate
Deutsche Annington Immobilien SE: The operational strength of Deutsche
Annington is evident in its annual financial statements. Furthermore,
the company is investing in housing stocks at record levels

05.03.2015 / 07:07

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INFORMATION TO THE MEDIA

The operational strength of Deutsche Annington is evident in its annual
financial statements. Furthermore, the company is investing in housing
stocks at record levels

Record high in operating activity
- Improvements in all KPIs: FFO I up by 28.2 % to EUR 286.6 million; NAV
rises by 28.4 % to EUR 6.58 billion

- Proposed dividend for 2014 at EUR 0.78 a share, an increase of 11.4 %
percent over the previous year

- 2015 outlook for Deutsche Annington (without GAGFAH) confirmed

Modernisation and maintenance volume reaches all-time high
- Around EUR 346 million invested in residential units, EUR 172 million
of which in modernisation

- Increase of 50 % compared to 2013

- Investment per square metre at EUR 29, well above the industry average

Portfolio strengthened by successful acquisitions
- Integration of both DeWAG and Vitus successfully completed well ahead
of schedule

- The result is a strong foundation for the combination with GAGFAH

Bochum, March 5, 2015 - 2014 saw Deutsche Annington Immobilien SE
("Deutsche Annington") set new records in terms of operating activity and
considerably increase the quality of its housing stocks by means of
targeted investments. Furthermore, the company managed to build on its
market leadership. With the successful acquisitions of DeWAG and Vitus as
well as the merger with GAGFAH, which looks set to be completed in March of
this year, the portfolio will boast some 350,000 apartments.

"This makes us responsible for almost one million tenants. Based on these
figures, we can confidently say that we 'are at home in Germany'. We have
no intention of resting on our laurels, however, and will instead be
keeping up our momentum. As we continue to grow, we pay very close
attention to ensure that we are creating sustainable value for our tenants
and investors - something that is underscored by the high degree of
investment in our apartments and the targeted expansion of our portfolio in
2014," says Rolf Buch, Chairman of the Management Board of Deutsche