DGAP-News

WCM Beteiligungs- und Grundbesitz-AG: WCM announces rental success in Bonn

DGAP-News: WCM Beteiligungs- und Grundbesitz-AG / Key word(s): Real
Estate
WCM Beteiligungs- und Grundbesitz-AG: WCM announces rental success in
Bonn

21.07.2015 / 08:45

---------------------------------------------------------------------

WCM announces rental success in Bonn

- Lease with main tenant signed for a period of 10 years

- Property WALT increases from around 2 to 5.4 years

Frankfurt, 21 July 2015 - WCM Beteiligungs- und Grundbesitz-AG (WCM AG,
ISIN: DE000A1X3X33) today announced a further rental success. An existing
tenant of the office property in Bonn with a total floor area of more than
7,800 square metres that was acquired in December 2014 has rented a further
570 square metres and extended its lease prematurely by 10 years. The main
tenant now utilises all in all 2,474 square metres of the fully let
property. The new lease, which was signed at market terms, runs until 31
May 2016 and includes a renewal option.

This rental success increases the weighted average lease term (WALT) of the
office building in Bonn from around 2 to 5.4 years.

The transfer of benefits and encumbrance (closing) of this property
transaction took place back in March 2015. As a result, all of the rental
income already flows to WCM AG.

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

Press contact:

edicto GmbH
Axel Mühlhaus/ Dr. Sönke Knop
069-905505-51
[e-mail]



---------------------------------------------------------------------

21.07.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------


Language: English
Company: WCM Beteiligungsund Grundbesitz-AG
Friedrich-Ebert-Anlage 36
60325 Frankfurt am Main
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.wcm.de
ISIN: DE000A1X3X33
WKN: A1X3X33
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime
Standard), Hamburg, Stuttgart; Regulated Unofficial Market
in Munich


End of News DGAP News-Service
---------------------------------------------------------------------
379445 21.07.2015