January 25, 2018 / 3:03 PM / 25 days ago

BRIEF-Adler Real Estate Updates 2017 Guidance

Jan 25 (Reuters) - ADLER REAL ESTATE AG:

* UPDATING 2017 GUIDANCE

* AVERAGE RENT IN CORE PORTFOLIO HAD REACHED EUR 5.11 PER SQM/MONTH AT NINE MONTHS STAGE

* TARGET OF 3 PERCENT INCREASE IN RENTAL INCOME INCLUDING VACANCY REDUCTION COULD REACH C.3.5% FOR FY17

* 2017 WACD, WHICH STOOD AT 3.69% AS OF FY 16 IS EXPECTED TO FALL TO AROUND 2.7% PERCENT

* OTHER GUIDED FIGURES SUCH AS FFO I AND EPRA NAV ARE EXPECTED TO MEET REPORTED 2017 GUIDANCE Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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