Deutsche Konsum REIT-AG Receives Significant Loan Repayment

Deutsche Konsum REIT-AG (DKR) announced it has received a repayment of approximately EUR 30.6 million from Obotritia Capital KGaA. This repayment is part of the outstanding loan receivables DKR has with Obotritia Capital. The announcement was made from Potsdam on 31 October 2024. An additional repayment of around EUR 7.4 million is expected in the first quarter of the financial year 2024/2025.

The agreement includes an extension of the repayment date for the remaining loan amount until 31 December 2025, contingent upon the forthcoming repayment. As DKR had previously made provisions for these loans as of 30 September 2023, the current and expected repayments will contribute to extraordinary income of approximately EUR 28.2 million in DKR's income statement for the financial year 2023/2024.