DEUTSCHE KONSUM REIT-AG - Deutsche Konsum REIT Sells Seven Retail Properties At A Significant Profit

Deutsche Konsum REIT Sells Seven Retail Properties At A Significant Profit

DEUTSCHE KONSUM REIT-AG
(Incorporated in the Federal Republic of Germany)
(Registration number HRB 13072)
FSE Share Code: A14KRD
JSE Share Code: DKR
ISIN: DE000A14KRD3
LEI: 529900QXC6TDASMCSU89
(“DKR”)

PUBLICATION OF INSIDE INFORMATION PURSUANT TO ARTICLE 17 MAR -
DEUTSCHE KONSUM REIT SELLS SEVEN RETAIL PROPERTIES AT A SIGNIFICANT
PROFIT

Broderstorf, 30 September 2021 - DKR notarised the sale of seven retail properties with the
approval of the Supervisory Board.

The sub-portfolio comprises a total rental area of 28,000 sqm of rental space and includes the
properties in Bad Harzburg, Verden, Bergen and Krempe as well as Niesky (Rothenburger
Straße), Krakow am See and Altentreptow (Fritz-Reuter-Straße). In all properties, DKR had
reduced existing vacancies and significantly extended leases since acquisition. The properties
currently generate an annual rent of EUR 2.6 million with a remaining lease term of
approximately nine years. The sale price of EUR 47.2 million is therefore 18 times the annual
rent. The transfer of benefits and encumbrances of all properties is expected by January 2022.

Half of the capital gain realised in the financial year 2021/2022 is to be distributed as an
additional dividend in accordance with the statutes of a REIT. The dividend for the upcoming
financial year will therefore be approximately 25 euro cents per share higher from this sale
alone. The other half is to be used in accordance with DKR's investment criteria for the
acquisition of further properties or for other measures that increase shareholder value.

Contact:
Deutsche Konsum REIT-AG
Mr. Christian Hellmuth
Chief Financial Officer
August-Bebel-Str. 68
14482 Potsdam
Phone: +49 331 74 00 76 517
Fax: +49 331 74 00 76 520
E-Mail: ch@deutsche-konsum.de

DKR has a primary listing on the Prime Standard on the Frankfurt Stock Exchange and the
Berlin Stock Exchange and a secondary listing on the JSE.

Potsdam, 30 September 2021

JSE Sponsor

PSG Capital

Date: 30-09-2021 07:05:00
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