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Consus Real Estate AG (CC11.DE)

CC11.DE on Xetra

7.66EUR
11 Dec 2018
Change (% chg)

€0.02 (+0.26%)
Prev Close
€7.64
Open
€7.60
Day's High
€7.72
Day's Low
€7.46
Volume
31,128
Avg. Vol
84,468
52-wk High
€8.98
52-wk Low
€6.84

Latest Key Developments (Source: Significant Developments)

CONSUS Real Estate Acquires SSN Group
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - Consus Real Estate AG ::DGAP-NEWS: CONSUS REAL ESTATE AG TO STRENGTHEN POSITION AS GERMANY'S LARGEST PROPERTY DEVELOPER THROUGH ACQUISITION OF SSN GROUP.ACQUISITION INCREASES GROSS DEVELOPMENT VOLUME TO C. EUR10BN.TO ACQUIRE 93.4% OF SHARES IN SSN GROUP AG ('SSN') THROUGH A COMBINATION OF CASH AND SHARES.CONSUS RAISES MID-TERM TARGET FORECAST AND EXPECTS AN EBIT PRE-PPA IN 2020 OF EUR450M.NET DEBT TO EBIT PRE-PPA TARGET RATIO IS FORECASTED AT AROUND 3.0X IN 2020, FALLING BELOW 3.0X IN 2021.  Full Article

CONSUS Real Estate H1 Overall Performance Of EUR 242.4 Million
Wednesday, 10 Oct 2018 

Oct 10 (Reuters) - Consus Real Estate AG ::OVERALL PERFORMANCE OF EUR 242.4M IN H1 2018.H1 ADJUSTED. EBIT PRE-PPA OF EUR 56.0M TRANSLATES INTO A MARGIN OF 23%.GDV GROWTH, STAKE INCREASE IN CG GRUPPE AG AND COMMERCIAL DIVESTMENTS CONFIRM 2018 GUIDANCE.CONSUS REAL ESTATE - ON TRACK TO REACH TARGETS IN 2020 OF EBIT PRE-PPA OF APPROX. EUR 300M, AN EBIT PRE-PPA MARGIN OF APPROX. 20%.  Full Article

CONSUS Real Estate Starts Selling Process For Condominiums At Steglitzer Kreisel
Tuesday, 2 Oct 2018 

Oct 2 (Reuters) - CONSUS REAL ESTATE AG ::BREAKS GROUND AT ERNST-REUTER-PLATZ AND STARTS SELLING PROCESS FOR CONDOMINIUMS AT STEGLITZER KREISEL.PROJECT HAS A GROSS DEVELOPMENT VOLUME (GDV) OF APPROX. EUR 195 MILLION AND IS SCHEDULED FOR COMPLETION IN 2021.  Full Article

CONSUS Real Estate Raises Around EUR 131 From From Capital Increase
Tuesday, 24 Jul 2018 

July 24 (Reuters) - Consus Real Estate AG ::DGAP-NEWS: CONSUS REAL ESTATE AG: CONSUS REAL ESTATE AG COMPLETES CAPITAL INCREASE.GENERATES GROSS PROCEEDS OF APPROX. EUR131 MILLION FROM ITS CAPITAL INCREASE.OFFERED AND SOLD APPROX. 18.2 MILLION NEW SHARES AT SUBSCRIPTION PRICE OF EUR7.20 EACH.  Full Article

CONSUS Real Estate Commences Private Placement
Monday, 23 Jul 2018 

July 23 (Reuters) - Consus Real Estate AG ::DGAP-NEWS: CONSUS REAL ESTATE AG: CONSUS REAL ESTATE AG COMMENCES PRIVATE PLACEMENT.11.1 MILLION NEW SHARES OF CONSUS SO FAR BEEN SUBSCRIBED FOR BY EXISTING SHAREHOLDERS.SHARES SUBSCRIBED FOR BY EXISTING SHAREHOLDERS AT SUBSCRIPTION PRICE OF EUR7.20 PER SHARE.PRELIMINARY GROSS PROCEEDS WILL AMOUNT TO APPROX. EUR80 MILLION.  Full Article

CONSUS Real Estate: Commencement Of Subscription Period Expected About One Week Later
Tuesday, 3 Jul 2018 

July 3 (Reuters) - CONSUS Real Estate AG ::DGAP-NEWS: CONSUS REAL ESTATE AG: COMMENCEMENT OF SUBSCRIPTION PERIOD EXPECTED APPROXIMATELY ONE WEEK LATER.  Full Article

CONSUS Real Estate Announces Capital Increase With Subscription Rights
Monday, 2 Jul 2018 

July 2 (Reuters) - CONSUS REAL ESTATE AG ::ANNOUNCES CAPITAL INCREASE WITH SUBSCRIPTION RIGHTS.SUBSCRIPTION RATIO OF 11 : 23.SUBSCRIPTION PRICE OF EUR7.20 PER SHARE.ISSUE OF UP TO 39.9 MILLION NEW SHARES.GROSS PROCEEDS ARE EXPECTED TO AMOUNT TO UP TO EUR287 MILLION..FIRST DAY OF TRADING OF NEWLY ISSUED SHARES IS EXPECTED TO BE ON OR AROUND 20 JULY.  Full Article

CONSUS Real Estate Intends To Increase Share Capital By Offering Up To 39.9 Mln Shares
Thursday, 14 Jun 2018 

June 14 (Reuters) - CONSUS Real Estate AG ::DGAP-ADHOC: CONSUS REAL ESTATE AG: CONSUS REAL ESTATE AG PLANS CAPITAL INCREASE.PLANS TO SELL UP TO 39.9 MILLION NEW SHARES TO FUND GROWTH AND INCREASE STRATEGIC FLEXIBILITY.MANAGEMENT HAS IDENTIFIED A LIST OF TARGETS WITH A GDV OF EUR 4.8 BILLION.ANDREAS STEYER, CEO OF CONSUS, HAS COMMITTED TO SUPPORT OFFERING WITH AN ORDER OF EUR 2 MILLION.CONSUS REAL ESTATE - CONSUS' MAJOR SHAREHOLDER AGGREGATE DEUTSCHLAND S.A., WHICH HOLDS 68.6% OF SHARES IN CONSUS, INTENDS TO WAIVE ALL ITS SUBSCRIPTION RIGHTS.  Full Article

CONSUS Real Estate Sells Commercial Assets
Tuesday, 15 May 2018 

May 15 (Reuters) - CONSUS REAL ESTATE AG ::DIVESTMENT OF COMMERCIAL ASSETS RESULTING IN EUR 68.2 MILLION CASH INFLOW AND SIGNIFICANT PROFIT.CONSUS REAL ESTATE -PROCEEDS TO BE USED FOR GENERAL CORPORATE PURPOSES INCLUDING REINVESTMENT IN EXPANSION OF DEVELOPMENT BUSINESS.  Full Article

CONSUS Real Estate Says Expands Development Volume Of Around EUR 750 Million
Monday, 16 Apr 2018 

April 16 (Reuters) - CONSUS Real Estate AG ::CONSUS EXPANDS DEVELOPMENT VOLUME OF AROUND EUR 750 MILLION.HAS SECURED FIVE INDIVIDUAL NEW PROJECTS FOR A TOTAL EXPECTED SALES VOLUME OF AROUND EUR 750 MILLION.INTENDS TO DEVELOP IN NEXT 3 TO 4 YEARS A TOTAL OF APPROX. 1,670 APARTMENTS.  Full Article

German stocks - Factors to watch on Nov. 7

BERLIN/FRANKFURT, Nov 7The following are some of the factors that may move German stocks on Wednesday: