31/10/2024 14:33
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
INFORMATION REGLEMENTEE

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
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.



Publication of inside information in accordance with Art. 17 para. 1 of Regulation (EU) 596/2014 on market abuse (market abuse regulation)


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.
Archive at www.eqs-news.com



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


fncls.ssp?fn=show_t_gif&application_id=2020269&application_name=news&site_id=symex~~~af100301-a623-4c64-8f3d-90fc88eca9e6









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


Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.


The issuer is solely responsible for the content of this announcement.



Publication of inside information in accordance with Art. 17 para. 1 of Regulation (EU) 596/2014 on market abuse (market abuse regulation)



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.
Archive at www.eqs-news.com



























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







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