EQS-Adhoc

Gutburg Immobilien S.A.: Favorable development thanks to active management - Seite 3

rate of 1.0250, the interest expenses for our Swiss Franc denominated bond
increase in EUR terms by around EUR 0.4 million, while our borrowings
increase by roughly EUR 8 million from EUR 197 million to EUR 205 million,
which will also show in the profit and loss statement for 2015.

Contact:
Simon Koenig, CEO
[e-mail]
Phone [phone]

About Gutburg Immobilien S.A.

Gutburg Immobilien comprises a real estate portfolio of around 8'500
residential units with a total floor space of 512'668 sqm in Brandenburg
(Havel), Cottbus, Görlitz, Halle (Saale), Leipzig, Markneukirchen, Plauen,
Schwerin and Schmalkalden. Around half of the rentable space and of group
rental revenues is accounted for by the objects in Leipzig. Gutburg
Immobilien S.A. has been incorporated on 30 May 2013 and within the frame
of a recapitalization as of 8 July 2013 has taken over 94.9% of the Perseus
Group which has owned the real estate portfolio since 31 March 2018.



Key figures at a glance

Financial key figures

                                             31 Dec. 2014     31 Dec. 2013
Revenues from rents                  EUR       23'170'664       22'634'456
Operating profit 1                   EUR       15'273'130       13'209'036
Profit for the year 1                EUR       17'294'299        5'744'271
Adjusted profit for the year 1       EUR        5'902'804        2'642'010

Total assets                         EUR       295.7 Mio.      273.28 Mio.
Adjusted equity capital              EUR        99.1 Mio.       72.81 Mio.
Adjusted equity ratio                  %             33.5             26.6
Investment property                  EUR       290.6 Mio.       267.6 Mio.
Outstanding mortgages                EUR       148.6 Mio.       151.8 Mio.
Loan-to-Value (LTV)                LTV %             51.1             56.7

1 2013 after non-recurring charges in connection with restructuring and
refinancing


Key figures per share

                                             31.12.2014       31 Dec. 2013
Number of shares outstanding                    271'866            271'866
Par value per share                EUR            20.00              20.00
Book value per share 2             EUR           347.79             255.82

2 based on adjusted equity capital

The complete report on the financial year 2014 of Gutburg Immobilien S.A.
is available on our website www.gutburg.com under the link:
http://gutburg.com/download/companies/gutburg/Annual%20Reports/gb2014.pdf
End of ad hoc announcement

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Additional features:

Document: http://n.equitystory.com/c/fncls.ssp?u=JKCLYGIWAX
Document title: Favorable development thanks to active management

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348599 27.04.2015