from Deutsche Konsum REIT-AG (isin : DE000A14KRD3)
EQS-Adhoc: Deutsche Konsum REIT-AG: Deutsche Konsum REIT-AG receives around EUR 30.6 million repayment on its outstanding loan receivables from Obotritia Capital KGaA
EQS-Ad-hoc: Deutsche Konsum REIT-AG / Key word(s): Agreement
Deutsche Konsum REIT-AG: Deutsche Konsum REIT-AG receives around EUR 30.6 million repayment on its outstanding loan receivables from Obotritia Capital KGaA
31-Oct-2024 / 14:33 CET/CEST
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Deutsche Konsum REIT-AG receives around EUR 30.6 million repayment on its outstanding loan receivables from Obotritia Capital KGaA
Potsdam, 31 October 2024 - Deutsche Konsum REIT-AG ("DKR") (ISIN DE000A14KRD3) today received a repayment of around EUR 30.6 million on its loan receivables from Obotritia Capital KGaA ("Obotritia Capital").
A further repayment of around EUR 7.4 million was indicated by Obotritia Capital for the first quarter of the financial year 2024/2025. Under the condition of this further repayment, a further extension of the repayment date for the then outstanding repayment amount until 31 December 2025 was agreed with Obotritia Capital.
Since DKR had made a provision against the loan receivables from Obotritia Capital as of 30 September 2023 as a precautionary measure, the current payment and the further repayment indicated will result in extraordinary income in its income statement for the financial year 2023/2024 of around EUR 28.2 million.
Contact:
Deutsche Konsum REIT-AG
The Management Board
Marlene-Dietrich-Allee 12b
14482 Potsdam
Germany
Phone: +49 (0) 331 74 00 76 - 517
E-mail: kt@deutsche-konsum.de
End of Inside Information
31-Oct-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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| Language: | English |
| Company: | Deutsche Konsum REIT-AG |
| Marlene-Dietrich-Allee 12b | |
| 14482 Potsdam | |
| Germany | |
| Phone: | +49 (0)331 740076512 |
| Fax: | +49 (0)331 740076599 |
| E-mail: | ak@deutsche-konsum.de |
| Internet: | www.deutsche-konsum.de |
| ISIN: | DE000A14KRD3 |
| WKN: | A14KRD |
| Listed: | Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Munich, Stuttgart, Tradegate Exchange; JSE Securities Exchange |
| EQS News ID: | 2020269 |
| End of Announcement | EQS News Service |
2020269 31-Oct-2024 CET/CEST