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WCM Beteiligungs und Grundbesitz AG (WCMKk.DE)

WCMKk.DE on Xetra

3.69EUR
14 Dec 2017
Change (% chg)

€-0.01 (-0.35%)
Prev Close
€3.70
Open
€3.71
Day's High
€3.72
Day's Low
€3.68
Volume
99,093
Avg. Vol
155,403
52-wk High
€3.90
52-wk Low
€2.47

Latest Key Developments (Source: Significant Developments)

TLG Immobilien: EGM approves domination agreement between TLG and WCM​
Thursday, 23 Nov 2017 

Nov 23 (Reuters) - TLG IMMOBILIEN AG ::EGM APPROVED DOMINATION AGREEMENT CONCLUDED BETWEEN TLG AND WCM AG WITH A VAST MAJORITY OF 99.99%​.‍DOMINATION AGREEMENT WILL COME INTO EFFECT AS SOON AS IT IS ENTERED INTO COMMERCIAL REGISTER OF WCM​.  Full Article

WCM Beteiligungs-und Grundbesitz 9-mth ‍FFO I up at EUR 17.7 mln
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - WCM BETEILIGUNGS UND GRUNDBESITZ AG ::DGAP-NEWS: WCM BETEILIGUNGS- UND GRUNDBESITZ-AG: WCM MAINTAINS PROFITABLE GROWTH IN FIRST NINE MONTHS OF 2017 - TAKEOVER BY TLG IMMOBILIEN AG PROCEEDING ON SCHEDULE.‍FORECAST FOR 2017 CONFIRMED​.‍NINE-MONTH RENTAL INCOME RISES TO EUR34.6M (PREVIOUS YEAR: EUR23.8M)​.9-MONTH ‍FFO I INCREASES TO EUR17.7M (PREVIOUS YEAR: EUR12.9M)​.  Full Article

WCM Beteiligungs und Grundbesitz FY FFO I more than doubles to 18.0 mln euros
Tuesday, 21 Mar 2017 

WCM Beteiligungs Und Grundbesitz Ag : FY funds from operations (FFO I) more than doubled to 18.0 million euros ($19.38 million) . Dividend of minimum 50 pct of FFO expected for business year 2017 again . FY rental income increased to 32.6 million euros ($35.09 million) after 10.4 million euros in previous year .FFO I guidance for 2017: 23-24 million euros - already supported by existing portfolio and latest acquisitions.  Full Article

WCM Beteiligungs Und Grundbesitz H1 FFO I up at 8.3 mln euros
Monday, 22 Aug 2016 

WCM Beteiligungs Und Grundbesitz AG : WCM continues growth path with half-year results and plans dividend pay-out for 2016 . H1 FFO I stands at 8.3 million euros (prev. year: 0.2 million euros) . Management board reaffirms 2016 forecast . First dividend pay-out since operational restart planned for full year 2016 . H1 EPRA NAV rose to 335.0 million euros or 2.54 euro per share (year-end 2015: 290.6 million euros or 2.38 euro per share) .Rental income for first six months of current year rose significantly to 15.4 million euros versus 2.2 million euros for same period in 2015.  Full Article

Wcm Beteiligungs Und Grundbesitz: lease contract for asset in Straubing
Monday, 4 Jul 2016 

Wcm Beteiligungs Und Grundbesitz AG : Announces a further lease contract for newly acquired asset in Straubing .10 year contract was signed with a leading fashion retailer and adds 0.14 million euros ($155,946.00) to annual rental income.  Full Article

WCM Beteiligungs und Grundbesitz resolves non-cash capital increase to buy a retail park
Monday, 20 Jun 2016 

Wcm Beteiligungs Und Grundbesitz AG : Resolves non-cash capital increase to acquire a retail park in Straubing . In total company issued 10,000,000 new no-par value ordinary bearer shares under exclusion of existing shareholders' subscription rights for a price of 2.80 euros ($3.17) per share . Company's issued share capital increases to 130,772,500 euros or 8.3 pct . Contribution in kind consists of a 94.9 pct share in a retail park .Purchase price for retail park with a total rental space of 35,178 square metres is 54.8 million euros.  Full Article

WCM swings to positive FFO I in Q1
Friday, 27 May 2016 

WCM Beteiligungs und Grundbesitz AG : Says real estate portfolio increased by 4.9 percent to 530.5 million eur (year-end 2015: 505.7 million eur) . Funds from operations (FFO I) increased to 4.4 million eur and FFO II to 4.9 million eur . Net loan-to-value (LTV) stands at 52 percent . Reaffirmed guidance for 2016 and further portfolio growth anticipated through acquisitions . FFO is projected to be between 18.0 million euros and 21.0 million euros, compared to 7.9 million euros in 2015 .Consolidated net income of 1.7 million euros compared to 0.4 million euros in Q1 2015.  Full Article

DIC Asset Q1 gross rental income at 27.6 mln euros
Thursday, 12 May 2016 

DIC Asset AG : Annual targets for 2016 affirmed . Q1 operating profit (FFO) up 20 per cent, to 14.5 million euros ($16.56 million)(Q1 2015: 12.1 million euros) . Stake in WCM Beteiligungs- und Grundbesitz-AG raised to 24.9 per cent . Q1 11.8 million euros consolidated profit for period markedly higher year-on-year (Q1 2015: 1.3 million euros) .Q1 gross rental income of 27.6 million euros was slightly lower year-on-year (Q1 2015: 35.1 million euros).  Full Article

WCM Beteiligungs und Grundbesitz disposes Bremerhaven asset at book value
Monday, 9 May 2016 

WCM Beteiligungs Und Grundbesitz AG : WCM disposes Bremerhaven asset at book value . Selling price equals book value as of Dec. 31, 2015 .Including recent divestment of three assets wcm has sold four non-strategic assets totalling 25 million euros ($28.46 million)in 2016.  Full Article

WCM extends CEO contract for Stavros Efremidis to 2021
Friday, 6 May 2016 

WCM Beteiligungs und Grundbesitz AG : Extends CEO contract for Stavros Efremidis to 2021 .Frank Roseen left company on a mutual and amicable agreement as of 5 May 2016.  Full Article

BRIEF-TLG Immobilien: EGM approves domination agreement between TLG and WCM​

* EGM APPROVED DOMINATION AGREEMENT CONCLUDED BETWEEN TLG AND WCM AG WITH A VAST MAJORITY OF 99.99%​