January 17, 2017 / 5:08 PM / 3 years ago

BRIEF-Deutsche EuroShop expects valuation gain of 145 mln euros for 2016

Jan 17 (Reuters) - Deutsche EuroShop AG :

* Valuation gain expected to be 145 million euros ($155.06 million)

* Is forecasting a pre-tax contribution to earnings of approximately 145 million euros (previous year: 267.8 million euros) from the valuation of investment properties for 2016 from unrealised and non-cash changes in market values

* Positive result is primarily due to shopping center investment class, which remains attractive and helped to further increase prices in 2016 Source text for Eikon: Further company coverage: ($1 = 0.9351 euros) (Gdynia Newsroom)

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