DEUTSCHE KONSUM REIT-AG - Publication of an inside information pursuant to article 17 Mar- DKR reduces FFO target for financial year 2022/2023

Publication of an inside information pursuant to article 17 Mar- DKR reduces FFO target for financial year 2022/2023

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” or “the Company”)

PUBLICATION OF AN INSIDE INFORMATION PURSUANT TO ARTICLE 17 MAR – DEUTSCHE
KONSUM REIT REDUCES FFO TARGET FOR FINANCIAL YEAR 2022/2023 TO EUR 36 TO 39
MILLION

Potsdam, 4 May 2023 - The Management Board of DKR has updated its guidance for the current
financial year and reassessed its FFO target today. Accordingly, the Management Board now
expects funds from operations ("FFO") of between EUR 36 and 39 million for the current financial
year 2022/2023, thus reducing the previous guidance (EUR 40 to 44 million) by around 10%.

The reason for the reduction of the FFO target is, on the one hand, the general situation on the real
estate transaction market and the current high spreads between supply and demand prices, because
of which the Company has not pursued significant new acquisitions in the first half of the financial
year that were anticipated before. On the other hand, the general rise in interest rates affects the
FFO, as it results in increased interest expenses for parts of the financial liabilities (those which are
subject to variable interest rates, as well as for current new financing and refinancing agreements,
which are now concluded at higher interest rate levels).

Contact:
Deutsche Konsum REIT-AG
Christian Hellmuth
Finanzvorstand (CFO)
August-Bebel-Str. 68
14482 Potsdam
Telefon +49 331 74 00 76 517
Fax: +49 331 74 00 76 520
E-Mail: ch@deutsche-konsum.de

Potsdam, 4 May 2023

JSE Sponsor
PSG Capital
Date: 04-05-2023 02:20:00
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