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    DGAP-Adhoc  387  0 Kommentare WCM Beteiligungs- und Grundbesitz-AG: WCM pre-announces net income of EUR 57.7 million for 2015


    WCM Beteiligungs- und Grundbesitz-AG / Key word(s): Final Results/Real Estate

    25.04.2016 07:45

    Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
    by DGAP - a service of EQS Group AG.
    The issuer is solely responsible for the content of this announcement.

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    Ad hoc announcement according to § 15 WpHG

    WCM pre-announces net income of EUR 57.7 million for 2015

    Frankfurt am Main, 25 April 2016 - WCM Beteiligungs- und Grundbesitz-AG
    (WCM AG, ISIN: DE000A1X3X33) pre-announces an unaudited net income of EUR
    57.7 million for 2015 compared to EUR 1.2 million in 2014. The earnings per
    share of EUR 0.72 has increased significantly from EUR 0.08 in 2014. The
    funds from operations rose to EUR 7.9 million. The net asset value (NAV)
    according to EPRA increased to EUR 290.6 million or EUR 2.38 per share.

    WCM AG will continue its growth in 2016 and further increase its portfolio
    size.

    About WCM AG

    WCM Beteiligungs- und Grundbesitz-AG (WCM AG), with headquarters in
    Frankfurt am Main, is a specialised commercial real estate company. As a
    real estate proprietor, the focus is on long-term rental of high-quality
    office and retail properties in the major office locations in Germany.
    Since the operational restart in 2014, WCM AG has focused on an extensive
    network for the acquisition of properties as well as on value-creating
    asset management, in order to generate attractive long-term rental income
    and a steady cash flow. The portfolio has a gross asset value of more than
    EUR 500 million. The company has extensive loss carry forwards in corporate
    and commercial tax. Shares of WCM AG are listed in the SDAX of Deutsche
    Borse since 21 December 2015.

    Press contact:

    edicto GmbH
    Axel Mühlhaus/ Dr. Sönke Knop
    +49 (0) 69-905505-51
    wcm@edicto.de


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    Information and Explanation of the Issuer to this News:

    EXPLANATORY PART

    WCM AG's portfolio value increased from EUR 17.3 million in 2014 to EUR
    505.7 million by the end of 2015. The annualised rental income at the end
    of the year amounts to EUR 31.5 million with a weighted average lease time
    (WALT) of 9.4 years. The low cost of debt of 2.1 percent is locked-in for a
    remaining 7 years.

    WCM will publish the full-year results on 29 April 2016 with a detailed
    report and comprehensive earnings presentation available for download from
    the Investor Relations section on the company's website.

    25.04.2016 The DGAP Distribution Services include Regulatory Announcements,
    Financial/Corporate News and Press Releases.
    Media archive at www.dgap-medientreff.de and www.dgap.de

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    Language: English
    Company: WCM Beteiligungs- und Grundbesitz-AG
    Bleichstr. 64-66
    60313 Frankfurt am Main
    Germany
    Phone: +49 (0)30 8870 476-10
    Fax: +49 (0)30 8870 476-20
    E-mail:
    Internet: www.wcm.de
    ISIN: DE000A1X3X33, SDAX
    WKN: A1X3X33
    Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime
    Standard), Hamburg, Stuttgart; Regulated Unofficial Market in
    Munich

    End of Announcement DGAP News-Service

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    DGAP-Adhoc WCM Beteiligungs- und Grundbesitz-AG: WCM pre-announces net income of EUR 57.7 million for 2015 WCM Beteiligungs- und Grundbesitz-AG / Key word(s): Final Results/Real Estate 25.04.2016 07:45 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for …