Nasdaq OMX Copenhagen A/S
Charlottenlund,
Announcement no. 252
Value adjustment of properties
Based on a broker valuation from a German commercial real estate agent, the company's board of directors has assessed the German real estate portfolio of the
The total negative value adjustment in the fiscal year 2023 is thus
German property valuation since 31.12.2021:
German properties valuation
German properties valuation
German properties valuation
German properties valuation
German properties valuation
The reason for the decrease in property value from the 4th quarter of 2023 is a combination of lower rent levels for retail leases and an increasing yield requirement on German high street properties, along with a significant slowdown in the number of property transactions.
Any questions can be directed to the undersigned on +45 8110 0800.
Sincerely,
Chairman
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