DGAP-News: FCR Immobilien AG
/ Key word(s): AGM/EGM
FCR Immobilien AG Annual General Meeting approves EUR 0.30 dividend per share
FCR Immobilien AG had again a very successful development in 2020, despite the COVID-19 pandemic and generated a net income for the year of EUR 9.6. million. The standing portfolio with a focus on the portfolio management of shopping centres and specialist retail centres, neighbourhood stores and drugstores was extended in 2020 to around EUR 315 million.
Falk Raudies, Founder and CEO of FCR Immobilien AG: "With the good figures of last year we have an excellent starting point for 2021. We anticipate earnings before taxes of EUR 14 million based on a further extension of the real estate portfolio. With its broad approval, the Annual General Meeting has confirmed the successful course as a focused portfolio manager."
About FCR Immobilien AG
FCR Immobilien AG is a dynamically growing portfolio manager and portfolio developer specialising in shopping centres and specialist retail centres in Germany. The company's focus is on properties at attractive secondary sites which offer above-average yield potentials due to their location. FCR also invests, whenever opportunities arise, in the asset classes office, residential and logistics. Apart from purchases at favourable conditions, the positive development of FCR Immobilien AG is based on the successful management of portfolio properties, supplemented by opportunistic sales of trading properties. The portfolio of FCR Immobilien AG currently includes a total of around 90 properties; the annualised annual net rent from the standing portfolio amounts to around EUR 20 million. The tenants include well-known brands such as EDEKA, Netto, ROSSMANN, OBI, REWE and NORMA. The FCR share (WKN A1YC91, ISIN DE000A1YC913) is quoted in the m:access of the Munich Stock Exchange and is listed in the General Standard of the Frankfurt Stock Exchange, and is traded, amongst others, on Xetra.
FCR Immobilien AG
CEO: Falk Raudies
|Company:||FCR Immobilien AG|
|82049 Pullach im Isartal|
|Phone:||+49 89 413 2496 00|
|Fax:||+49 89 413 2496 99|
|ISIN:||DE000A1YC913, DE000A2BPUC4, DE000A2G9G64, DE000A2TSB16, DE000A254TQ9|
|WKN:||A1YC91, A2BPUC, A2G9G6, A2TSB1, A254TQ|
|Listed:||Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Dusseldorf, Munich (m:access), Stuttgart, Tradegate Exchange; OTC QX|
|EQS News ID:||1198012|
|End of News||DGAP News Service|