DEUTSCHE KONSUM REIT-AG - Deutsche Konsum REIT-AG sells sub-portfolio and reduces financial liabilities

Deutsche Konsum REIT-AG sells sub-portfolio and reduces financial liabilities

DEUTSCHE KONSUM REIT-AG
(Incorporated in the Federal Republic of Germany)
(Registration number: HRB 13072)
FSE Share Code: A14KRD
JSE Share Code: DKR
ISIN: DE000A14KRD3
LEI: 529900QXC6TDASMCSU89
("DKR" or "the Company")

PUBLICATION OF AN INSIDE INFORMATION PURSUANT TO ARTICLE 17 MAR –
DEUTSCHE KONSUM REIT-AG SELLS SUB-PORTFOLIO AND REDUCES FINANCIAL
LIABILITIES

Potsdam, 28 March 2024 – The Management Board of DKR today notarised the sale of a sub-
portfolio.

The sub-portfolio consists of 14 retail properties with an annual rent of around EUR 5.5 million.
The properties were sold at a discount of around 3.8% on the current IFRS carrying amounts.

DKR expects to be able to complete the transaction by June 2024. The Company will use the
liquidity released by the sale of the properties in full to repay bank and bond liabilities.

DKR has a primary listing on the Prime Standard on the Frankfurt Stock Exchange and a
secondary listing on the JSE.

Contact:
Deutsche Konsum REIT-AG
Christian Hellmuth
CFO
Marlene-Dietrich-Allee 12b
14482 Potsdam

Phone: +49 331 74 00 76 517
Fax: +49 331 74 00 76 599
E-Mail: ch@deutsche-konsum.de

Potsdam, 28 March 2024

JSE Sponsor
PSG Capital

Date: 28-03-2024 03:30:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.