conwert Immobilien Invest SE
Further significant increase in value for entire portfolio
Public disclosure of inside information according to article 17 MAR
Vienna (pta005/27.07.2016/08:37) - conwert Immobilen Invest SE ("conwert"), listed on the Austrian ATX, announces that the previously announced revaluation of the portfolio as of 30 June 2016 has resulted in revaluation gains of around EUR 95 mn.
This positive revaluation result has been brought about by implementing the corporate strategy that focuses on the core residential sector in metropolitan regions with strong growth rates in Germany and Austria. It is also based on achievements in the operating business related to reducing vacancies and increasing rents.
All other figures will be announced as planned on 24 August 2016 with the publication of the results for the first half of 2016.
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This release contains forward-looking statements that were made on the basis of the information available at this time. Forward-looking statements reflect the point of view at the time they are
made. We would like to point out that the actual circumstances and, consequently, the actual results realized at a later date, may differ from the forecasts presented here for a variety of reasons.
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emitter: conwert Immobilien Invest SE
address: Alserbachstraße 32, 1090 Vienna
country: Austria
contact person: Clemens Billek
phone: +43 1 52145-700
e-mail: cwi@conwert.at
website: www.conwert.at
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ISIN(s): AT0000697750 (share)
stock exchanges: official trade in Vienna
[ source: http://www.pressetext.com/news/20160727005 ]