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    DGAP-News  582  0 Kommentare WCM Beteiligungs- und Grundbesitz-AG: WCM continues optimizing portfolio through active asset management - Seite 2


    around 1 percent.

    As a result of these measures, the EPRA vacancy rate for the entire WCM
    portfolio decreases to 3.7 percent after 4.1 percent as of Q3 2016.

    In addition the transaction announced on 27 September, comprising the EUR
    66.5 M purchase of a 52,000 m² retail park with an annualized rental income
    EUR of 4.4 M was closed on 30 November. This portfolio is financed with an
    interest rate of about 1.5 percent, fixed for 6 years. Consequently the
    average interest rate for the entire WCM portfolio falls to below 2 percent
    for the first time ever.

    With these successful portfolio optimizations, WCM continues its positive
    portfolio development. The portfolio shows a low EPRA vacancy rate of 3.7
    percent, an above-average WALT of 9,0 years and continuously rising rents
    which currently stand at EUR 38.2 M. Overall, leasing renewals and new
    signings for about 12,000 m² and an annualized rental income of around EUR
    1.9 M have been contracted over the course of 2016. 7,500 m² and EUR 1.1 M
    were achieved in the second half of this year alone. Not yet reflected in
    these numbers are the recently acquired portfolio of 3 retail centres in
    Baden Wurtemberg and Saxony-Anhalt.

    Stavros Efremidis, CEO of WCM AG: "Portfolio build-up and management is a
    key priority and the portfolio optimization helps us to be ideally
    positioned through the different cycles. WCM is very active in both areas
    thus creating value for its shareholders and consistently increasing it
    from a very solid base. The recent success of our inhouse asset management
    shows our capability in both areas."

    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 pro forma portfolio has a gross asset value of
    more than EUR 700 M. The company has extensive loss carry forwards in
    corporate and commercial tax. Shares of WCM AG are listed in the SDAX of
    Deutsche Boerse since 21 December 2015.

    Investor Relations:

    Gunnar Janssen
    Investor Relations
    WCM Beteiligungs- und Grundbesitz-AG
    +49 69 963 7319 10
    g.janssen@wcm.de
    www.wcm.de

    Press contact:

    edicto GmbH
    Axel Mühlhaus/ Dr. Sönke Knop
    Eschersheimer Landstraße 42
    60322 Frankfurt am Main
    +49 (0) 69-905505-51
    wcm@edicto.de


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    01.12.2016 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.
    Archive at www.dgap.de

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

    Language: English
    Company: WCM Beteiligungsund 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: h.hesse@wcm.de
    Internet: www.wcm.de
    ISIN: DE000A1X3X33
    WKN: A1X3X33
    Listed: Regulated Market in Frankfurt (Prime Standard), Hamburg,
    Stuttgart; Regulated Unofficial Market in Berlin,
    Dusseldorf, Hanover, Munich, Tradegate Exchange


    End of News DGAP News Service
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