DGAP-News: FCR Immobilien AG Annual General Meeting approves EUR 0.30 dividend per share

FCR Immobilien AG Annual General Meeting approves EUR 0.30 dividend per share

Pullach im Isartal, 18.05.2021: At today's ordinary Annual General Meeting of FCR Immobilien AG ("FCR", ISIN DE000A1YC913) the payment of a dividend of EUR 0.30 per share, proposed by the Executive Board, was approved. The other agenda items were likewise adopted with a large majority of more than 92 percent of the votes by the Annual General Meeting. This included the regular election of the Supervisory Board, whereby the existing members of the Supervisory Board Prof. Dr. Franz-Joseph Busse, Hanjo Schneider and Ludwig A. Fuchs were confirmed in their office. Their term of office now expires at the end of the Annual General Meeting for the fiscal year 2022. Prof. Dr. Busse will continue to act as the Chairman of the Supervisory Board.

FCR Immobilien AG had again a very successful development in 2020, despite the COVID-19 pandemic and generated a net income for the year of EUR 9.6. million. The standing portfolio with a focus on the portfolio management of shopping centres and specialist retail centres, neighbourhood stores and drugstores was extended in 2020 to around EUR 315 million.

Falk Raudies, Founder and CEO of FCR Immobilien AG: "With the good figures of last year we have an excellent starting point for 2021. We anticipate earnings before taxes of EUR 14 million based on a further extension of the real estate portfolio. With its broad approval, the Annual General Meeting has confirmed the successful course as a focused portfolio manager."

About FCR Immobilien AG

FCR Immobilien AG is a dynamically growing portfolio manager and portfolio developer specialising in shopping centres and specialist retail centres in Germany. The company's focus is on properties at attractive secondary sites which offer above-average yield potentials due to their location. FCR also invests, whenever opportunities arise, in the asset classes office, residential and logistics. Apart from purchases at favourable conditions, the positive development of FCR Immobilien AG is based on the successful management of portfolio properties, supplemented by opportunistic sales of trading properties. The portfolio of FCR Immobilien AG currently includes a total of around 90 properties; the annualised annual net rent from the standing portfolio amounts to around EUR 20 million. The tenants include well-known brands such as EDEKA, Netto, ROSSMANN, OBI, REWE and NORMA. The FCR share (WKN A1YC91, ISIN DE000A1YC913) is quoted in the m:access of the Munich Stock Exchange and is listed in the General Standard of the Frankfurt Stock Exchange, and is traded, amongst others, on Xetra.

Website: fcr-immobilien.de
Twitter: @FCR_Immobilien
Facebook: facebook.com/fcrimmobilien
 

Press contact

edicto GmbH
Dr. Sönke Knop
Telephone +49 69 9055 05 51
Email: FCR-Immobilien@edicto.de
 

Company contact

Ulf Wallisch
Senior Director, Head of Operations Management
Telephone +49 89 413 2496 11
Email: u.wallisch@fcr-immobilien.de
 

FCR Immobilien AG
Kirchplatz 1
82049 Pullach im Isartal

www.fcr-immobilien.de
 

CEO: Falk Raudies
Chairman of the Supervisory Board: Prof. Dr. Franz-Joseph Busse
HRB 210430 | Local Court Munich