DGAP-News

HAHN-Immobilien-Beteiligungs AG: Fiscal Year 2015: Hahn Group doubles its Profit

DGAP-News: HAHN-Immobilien-Beteiligungs AG / Key word(s): Final Results
HAHN-Immobilien-Beteiligungs AG: Fiscal Year 2015: Hahn Group doubles its
Profit

30.03.2016 / 19:30
The issuer is solely responsible for the content of this announcement.

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Fiscal Year 2015: Hahn Group doubles its profit

- EUR 4.9 million consolidated earnings after taxes (previous year: EUR
2.4 million)

- Equity ratio rises to 44.7 percent (previous year: 34.0 percent)

- Assets under management increased to EUR 2.5 billion

- HAHN FCP with around EUR 640 million fully invested - planned
institutional succession fund

Bergisch Gladbach, March 30, 2016 - The Hahn AG has used the friendly
economic conditions to significantly increase its fiscal 2015
profitability. The Group was able to exceed its own targets in the three
business segments new business, management and investments. Net profit more
than doubled and was positively influenced by a one-off income from the
successful completion of a JV investment with institutional partners.

Michael Hahn, CEO: "The 2015 business year was very successful for the Hahn
Group. It was particularly gratifying that each individual business segment
has contributed significantly to this good group result. We had two retail
funds each placed very quickly and we were able to significantly expand the
real estate assets of our institutional funds by executing selective
investments. Revenues in the management segment remained at a high and
stable level. The Investments segment collected investment income from a
joint venture and also recorded a positive one-off effect from an asset
disposal."

The real estate assets managed by the Hahn Group increased by the end of
2015 to around EUR 2.45 billion. The number of private investors who had
invested in at least one real estate fund of the Hahn Group increased due
to the two new fund issues in the retail segment to 3,787 investors
(previous year: 3,676). In 2015 the asset management of the Hahn Group
closed leases for about 150,000 m² of retail space (previous year: 193,000
m²). The real estate transaction volume increased to EUR 360 million
(previous year: EUR 242 million). The letting rate at the end of 2015 was
96.5 percent (previous year: 96.7 percent).
Earnings before taxes amounted to EUR 5.8 million (previous year: EUR 2.9
million). The consolidated earnings after tax were twice as high as in the
previous year (EUR 2.4 million) with EUR 4.9 million. This corresponds to
earnings per share of 0.38 euros (previous year: EUR 0.18).