Deutsche Konsum REIT

Deutsche Konsum reported Q3 2026 FFO of €14.5m (+46.5% year-on-year), supported by lower interest expenses after debt restructurings. FFO per share fell 24% to €0.18 following a capital increase and a debt-to-equity swap of around €120m. Rental income declined by €4.7m due to portfolio sales, the loan-to-value ratio improved to 41%, and management is prioritizing further disposals; all financial liabilities now mature in 2027. » Mais em de.investing.com

The supervisory board of Deutsche Konsum Real Estate has appointed Daniel Löhken, effective 1 July 2026, as a member of the management board and as chairman of the management board/CEO for three years. Kyrill Turchaninov will leave the management board as planned on 31 July 2026; Löhken will relinquish his supervisory board mandate on 30 June 2026. From 1 July 2026, Dr. Kai Gregor Klinger will be elected chairman of the supervisory board, and Sebastian Wasser will remain deputy chairman of the supervisory board. » Mais em finanzen.net

For H1 2025/26, Deutsche Konsum Real Estate reports an increase in funds from operations (FFO) of around EUR 5 million, while rental income fell due to strategic asset sales. Interest expenses were reduced by EUR 5 million and total financial liabilities were cut by EUR 132 million, of which EUR 119 million resulted from a debt-to-equity swap; the loan-to-value ratio stands at 41.1%. The company is continuing the restructuring and plans further asset disposals to reduce debt, with the majority of liabilities maturing by September 2027. » Mais em de.investing.com

Deutsche Konsum reports FFO of €7.4m (+57%) for Q1 2025/2026 with declining rental income of €16.9m (-4.4%), primarily due to property sales. Adjusted FFO (aFFO) doubled to €6.9m and FFO per share rose to €0.15. LTV improved to 56.4%, average cost of debt fell to 2.92% and interest coverage increased to 2.5x. The company is implementing portfolio optimization, a debt-to-equity swap and a capital increase; the stock trades well below EPRA NTA and Warburg Research's price target. » Mais em de.investing.com

Deutsche Konsum REIT reports substantial valuation losses of €69.9m for 2024/2025, resulting in a period result of -€51m and an FFO decline of 56% to €12.3m. The company is undergoing a comprehensive restructuring plan including property sales, debt reduction, a bridge financing, a debt-to-equity swap and a capital increase. Because its equity ratios fell below required levels, it will lose its tax exemption as a REIT on 1 October 2025 and plans to sell assets totaling around €300m by September 2027. For 2025/2026 Deutsche Konsum expects rental income of €58–63m but gives no FFO guidance; its continued existence depends on the success of the asset sales and the debt-to-equity swap. » Mais em de.investing.com