Corporate News

27/07/2011 | Corporate News

Fair Value REIT-AG: The 2010 annual report is a multiple award winner

56

Munich, July 27, 2011 – With its 2010 annual report (entitled "Growing Strong"), Fair Value REIT-AG participated for the first time in the world's largest annual report competition – the LACP Awards – and garnered several awards straight away. Ranked at 73rd place, Fair Value REIT-AG has joined the Top 100 worldwide. A regional comparison comprising Germany even places the company among the Top 50 in this year's competition.

Achieving "Gold" in the worldwide "Real Estate/REIT" categories, the 2010 Fair Value REIT-AG annual report took the second ranking in the competition, along with two other listed German real estate companies. The highest distinctions, "Platinum", were awarded to a German and to a Japanese company.

Particular accolades for Fair Value included the Bronze awards, with Fair Value being the only German company in the upper rankings in the "Greatest year-on-year improvement" categories in the "Global" and "EMEA – Europe/Middle East/Africa" regions.

In this year's competition, the League of American Communications Professionals (LACP) was called on to assess the annual reports of over 800 companies from more than 20 countries in various categories. Independent experts from corporate communication departments and agencies conducted the assessment. The award applied a points system to the following categories: clarity of communication, accessibility of information, and the degree of financial reporting detail. Particular attention was also paid to the general first impression the reports made, as well as the quality of the letter from the executive board.

Along with content-based criteria, the specialist jury also examined the graphic elements such as the cover design and the creativity reflected in the presentation. The Munich-based KMS Team GmbH was responsible for the conception, design and realisation of the annual report.

Download PDF

2011

Corporate News Archiv

A REIT – Higher Return for Investors

REIT stands for Real Estate Investment Trust. The assets of these listed companies in Germany consist mainly of real estate and investments in other real estate companies.

 

At the international level, REITs have been established for many years. On 1 January 2007, they were introduced in Germany as well.

 

continue reading

Property Information