Defama increases FFO by 27 %

24/07/2019

Deutsche Fachmarkt AG (Defama) has increased its funds from operations (FFO) by 27 % to €2.20mn during the first half of the year. Revenue increased compared to the previous year’s period from €4.23mn to €5.47mn, pre-tax earnings from €1.08mn to €1.33mn. Included in the balance for the first half-year of 2019 were the proceeds from 30 existing properties. Starting mid-July, the Dinslaken retail park will contribute to the balance for the first time, the local supply center Sternberg will most likely be included in the final quarter of the year. By late 2019 the FFO is forecast to be at least €5.0mn.


TD Premium

Subscribers to our premium service have access to this article in full as well as to an additional 510,000+ news items: all filterable by topic, company, asset class, city or keyword. In TD Premium you can search for investment deals, leases, current project developments and company news with pinpoint accuracy.

TD Premium is Germany’s leading property information tool that interconnects news, transactions, project data, market and company information in a unique and flexible system.