Reuters logo
BRIEF-Deutsche Mittelstand Real Estate - Demire falls below FFO-forecast for 2016
April 12, 2017 / 11:20 PM / in 6 months

BRIEF-Deutsche Mittelstand Real Estate - Demire falls below FFO-forecast for 2016

April 12 (Reuters) - Demire Deutsche Mittelstand Real Estate Ag

* FFO for the year will come out to range between EUR 7 and 8 million before minority interests

* Demire significantly falls below ffo-forecast for 2016 and does not maintain ffo-forecast for 2017

* Continues to assume stable rental income for financial year 2017

* Forecast of the funds from operations without sales for FY 2016 will significantly be missed

* Main reason for deviation from forecast is planned reductions of administrative costs not yet been realized Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below