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Aroundtown Property Holdings Plc. : ANNOUNCES STRONG Q1 2015 FIGURES, LISTING ON EURONEXT PARIS SE AND INTENTION TO RAISE EQUITY AND/OR BONDS

Aroundtown Property Holdings Plc. / Key word(s): Quarter Results/Real Estate

01.06.2015 00:15

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OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN,
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AROUNDTOWN PROPERTY HOLDINGS PLC
ANNOUNCES STRONG Q1 2015 FIGURES, LISTING ON EURONEXT PARIS SE AND
INTENTION TO RAISE EQUITY AND/OR BONDS


- EBITDA totaling to EUR 296 million, up by 177% from Q1 2014

- Net profit increased by 204% to EUR 285 million from Q1 2014

- Earnings per share rose to EUR 51 cent, up by 410% from Q1 2014

- Rental and operating income amounted to EUR 20 million, up 283% from Q1
2014 pro-forma rental income

- Adj. EBITDA increased to EUR 28.4 million, up 124% from Q1 2014

- FFO I increased to EUR19.5 million, up 124% from Q1 2014

- Total equity amounted to EUR 1.51 billion, up from EUR 1.22 billion at
year-end 2014, up 24%

- EPRA NAV grew to EUR 1.61 billion from EUR 1.27 billion at year-end
2014, up 26%

- Total assets increased to EUR 2.25 billion. Total Group assets
(including GCP's assets) grew to EUR 4.42 billion in March 2015

- High amount of flexibility with EUR 188 million cash and liquid assets
and 77% of investment property being unencumbered

- Conservative capital structure with an LTV of 20%, an equity ratio of
67% and Interest Coverage Ratio of 5.5x

- Listing on the Euronext Paris Stock Exchange on June 3rd, 2015

- Intention to issue equity and/or bonds

01 June 2015.

Aroundtown Property Holdings PLC (the "Company", "AT") announces figures
reflecting a successful start into 2015 through the fruitful implementation
of the Company's growth, operational and financing strategies. Further, the
Company exceeded its business plan with regards to growth as well as
capital market access progress.

Successful growth through acquisitions and operational improvements

Driven by the implementation of the Company's growth strategy the total
assets have increased to EUR2.25 billion in March 2015 and to EUR4.42