WCM Beteiligungs- und Grundbesitz-AG  738  0 Kommentare

- 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 a subsidiary of Aareal Bank AG. The
transaction forms part of WCM's dynamic portfolio expansion.

The commercial property just bought was built in 2006 and has total rental
space of approximately 28,400 m². With a current occupancy rate of 86.7
percent, annualised rental income amounts to around EUR 4.8 million. The
property is in a prominent location on the south banks of the River Main
and has a balanced mix of tenants including government institutions and
subsidiaries of large corporations with excellent credit ratings. A total
of 72 percent of the rental income is generated from a lease with the
German federal state of Hesse that will run for another 24 years. The
weighted average lease term (WALT) of the property as a whole is around 20
years. The purchase price on a 100 percent basis is approximately EUR 92
million. The closing of the transaction is expected for September 2015.

Adding the further property acquisitions announced in April, the future
portfolio of WCM AG therefore comprises a total of 51 properties with a
market value on a 100 percent basis of around EUR 437 million.

About WCM AG

Reflecting its strategic realignment implemented in 2014, WCM Beteiligungs-
und Grundbesitz-AG (WCM AG) intends to position itself as one of the
leading commercial property companies in Germany. As a holder of office and
retail properties with a focus on major office locations, the company is on
a dynamic growth path. In the mid-term WCM AG plans to build a portfolio
with a value exceeding EUR 1 billion. The company utilises a comprehensive
network for the acquisition of properties and value-enhancing portfolio
management in order to generate long-term attractive rental income and a
steady cash flow. WCM AG also intends to leverage further opportunities
offered by the property market. The company's management, headed by CEO
Stavros Efremidis, has extensive experience in the German property market
in connection with the acquisition and management of properties and many
years of capital market experience. The company has substantial corporate
and trade tax loss carry-forwards. WCM AG (ISIN DE000A1X3X33) is listed on
the Frankfurt Stock Exchange's General Standard.

Press contact:

edicto GmbH
Axel Mühlhaus/ Dr. Sönke Knop
069-905505-51
wcm@edicto.de


End of Media Release

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Issuer: WCM Beteiligungs- und Grundbesitz-AG
Key word(s): Real estate

22.06.2015 Dissemination of a Press Release, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: WCM Beteiligungsund Grundbesitz-AG
Friedrich-Ebert-Anlage 36
60325 Frankfurt am Main
Germany
Phone: +49 (0)69 244 333 199
Fax: +49 (0)3212/4243 773
E-mail: info@wcm.de
Internet: www.wcm.de
ISIN: DE000A1X3X33
WKN: A1X3X33
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (General
Standard), Hamburg, Stuttgart; Regulated Unofficial Market
in Munich


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370795 22.06.2015