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    DGAP-News  762  0 Kommentare Aroundtown Property Holdings Plc. PRESENT HIGH GROWTH AND INCREASED PROFITS FOR THE FIRST 9 MONTHS OF 2015


    Aroundtown Property Holdings Plc. / Key word(s): 9-month figures/Real Estate

    25.11.2015 06:29

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

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    THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY
    OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN OR
    ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF
    APPLICABLE LAWS OR REGULATIONS

    AROUNDTOWN PROPERTY HOLDINGS PLC PRESENT HIGH GROWTH AND INCREASED PROFITS
    FOR THE FIRST 9 MONTHS OF 2015

    - EBITDA of EUR 836.5 million, up 209% YOY

    - Net profit rose by 228% to EUR 751.3 million YOY

    - Rental and operating income at EUR 80.7 million, up by 353% from
    1-9/2014 pro-forma rental income

    - Adj. EBITDA increased to EUR 103 million, up 148% YOY

    - FFO I increased to EUR 64.3 million, up 149% YOY

    - FFO I per share increased to EUR 0.12, up by 133% YOY

    - Basic Earnings per share rose to EUR 1.08, Diluted Earnings per share
    at EUR 0.9

    - Total assets at EUR 3.75 billion; Total Group asset (including GCP
    assets) grew to EUR 7.3 billion

    - EPRA NAV grew to EUR 2.85 billion

    - Strong acquisition firepower with EUR 306 million cash and liquid
    assets

    - Conservative capital structure with an LTV of 29.6% (12.3% assuming
    conversion of the convertible bonds), an equity ratio of 60.3% (74.9%
    assuming conversion) and Interest Coverage Ratio of 5.5x

    - Dual listing on Frankfurt Stock Exchange (FSE, Xetra) in November 2015,
    further boosting visibility and supporting liquidity going forward

    25 November 2015.

    Growth momentum maintained, operational improvements driven forward

    Aroundtown Property Holding PLC (ATP) continued to materialize the
    potential of its deal pipeline through numerous acquisitions made over the
    third quarter. Total assets rose by 118% from year-end 2014 to EUR 3.75
    billion at the end of September 2015. The Company's external growth
    combined with steady successful operational developments led to a strong
    rise in the cash flow generation of the portfolio. The portfolio's monthly
    annualized FFO I run rate (12*October 2015), reflecting its current state
    without accounting for any further operational or financial improvements,
    amounts to EUR 111 million.

    The full Q3 2015 interim report is available on the Company's website:

    www.aroundtownholdings.com/downloads.html

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    DGAP-News Aroundtown Property Holdings Plc. PRESENT HIGH GROWTH AND INCREASED PROFITS FOR THE FIRST 9 MONTHS OF 2015 Aroundtown Property Holdings Plc. / Key word(s): 9-month figures/Real Estate 25.11.2015 06:29 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer / publisher is solely responsible for the content of this …

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