05/11/2013 | Ad-hoc Disclosure
Fair Value REIT-AG doubles its dividend forecast for the financial years 2013 and 2014 from € 0.12 per share to € 0.24 per share
213Munich, November 5, 2013 – On the back of the publication of the interim financial report as of September 30, 2013 on November 7, 2013, Fair Value REIT-AG (WKN A0MW97, ISIN
DE000A0MW975) is able to report future earnings improvements in the AG’s non-consolidated financial statements pursuant to the German Commercial Code (HGB). These improvements are attributable to falling net interest expenses for financial liabilities. Given this development, the Management Board has doubled its dividend forecast for the financial years 2013 and 2014 from the previous € 0.12 per share to € 0.24 per share. As a result, the projected dividend of the company for the financial years 2013 and 2014 corresponds with around 40% of the planned operating IFRS consolidated net income adjusted for sale and valuation results (FFO), instead of the previous approx. 20%.
The interim report of Fair Value REIT-AG for the first three quarters of 2013 will be published on November 7, 2013 in the Financial Reports section of www.fvreit.de.
2013
