DGAP-Adhoc: Fair Value REIT-AG raises 2019 forecast for net income in accordance with German GAAP (HGB), target dividend, and FFO

Ad-hoc disclosure

Insider information according to Article 17 of the EU Market Abuse Regulation

Fair Value REIT-AG
Wuermstraße 13a
82166 Graefelfing
WKN (German Securities Code): A0MW97
ISIN: DE000A0MW975

Disclosure of insider information pursuant to Article 17 of the Regulation (EU) No 596/2014 (MAR)

Fair Value REIT-AG raises 2019 forecast for net income in accordance with German GAAP (HGB), target dividend, and FFO

Graefelfing, 20. December 2019 - Fair Value REIT-AG ("Company") (WKN/ISIN A0MW97/DE000A0MW975) increases its net income in accordance with German GAAP (HGB) guidance again for the 2019 financial year to about EUR 3.7 - 3.9 million. This amount exceeds the guidance for net income of EUR 3.0 million, which was increased already in August 2019. Reasons are lower than planned maintenance cost and administrative expenses. As these items have an effect on the Funds from Operations (FFO), the Company is increasing its FFO forecast of EUR 8.4 to 9.0 million before minorities to EUR 9.6 to 10.2 million and its FFO after minorities guidance from EUR 5.4 to 5.8 million to EUR 5.8 to 6.2 million for the 2019 finacial year

As a result of the increase of the guidance for net income in accordance with German GAAP, Fair Value REIT-AG is also raising its target dividend for the 2019 financial year again from EUR 0.17 to 0.19 to EUR 0.23 to 0.25 per currently outstanding share.

The publication of the 2019 annual report is scheduled for 18 March 2020.

Fair Value REIT-AG

The Board of Management

Contact:
Fair Value REIT-AG
Tim Brückner
Wuermstraße 13a
82166 Graefelfing
Tel.: 089-9292815-10
Fax: 089-9292815-15
Email: [email protected]