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Aroundtown SA (AT1.DE)

AT1.DE on Xetra

7.22EUR
3:22pm IST
Change (% chg)

€-0.02 (-0.28%)
Prev Close
€7.24
Open
€7.25
Day's High
€7.27
Day's Low
€7.21
Volume
447,012
Avg. Vol
2,943,927
52-wk High
€7.95
52-wk Low
€6.85

Latest Key Developments (Source: Significant Developments)

TLG Immobilien Considers To Issue Notes
Monday, 16 Sep 2019 

Sept 16 (Reuters) - TLG Immobilien AG ::DGAP-ADHOC: TLG IMMOBILIEN AG CONSIDERS TO ISSUE SENIOR UNSECURED FIXED RATE NOTES AND/OR UNDATED SUBORDINATED NOTES.EACH OF NOTES, IF ISSUED, IS EXPECTED TO BE LISTED ON REGULATED MARKET OF LUXEMBOURG STOCK EXCHANGE AND WILL BE GOVERNED BY GERMAN LAW.NET PROCEEDS FROM PROPOSED ISSUANCES WILL BE USED TO REFINANCE BRIDGE FACILITIES ENTERED INTO BY TLG TO (PARTIALLY) FINANCE RECENT ACQUISITION OF A STAKE OF 9.99% IN SHARE CAPITAL OF AROUNDTOWN S.A..AMOUNT PAYABLE UPON EXERCISE OF OPTION TO ACQUIRE AN ADDITIONAL STAKE OF UP TO 4.99% IN SHARE CAPITAL OF AROUNDTOWN S.A..  Full Article

TLG Immobilien Doesn’t Plan Capital Increase After Buying Stake In Aroundtown
Monday, 2 Sep 2019 

Sept 2 (Reuters) - TLG Immobilien AG ::PAYS ACQUISITION OF AROUNDTOWN STAKE WITH 700 MILLION EUR IN CASH, REST THROUGH CREDIT LINE BY AVISCO.DOESN'T PLAN CAPITAL INCREASE AFTER BUYING STAKE IN AROUNDTOWN.  Full Article

Ouram Says It Remains Fully Committed To Back TLG Immobilien's Management And Supervisory Board To Advance Merger Discussions With Aroundtown
Monday, 2 Sep 2019 

Sept 1 (Reuters) - :OURAM SAYS IT REMAINS FULLY COMMITTED TO BACK TLG IMMOBILIEN'S MANAGEMENT AND SUPERVISORY BOARD TO ADVANCE MERGER DISCUSSIONS WITH AROUNDTOWN.  Full Article

Aroundtown Announces Updated Guidance On Results, Acquisitions
Wednesday, 28 Aug 2019 

Aug 28 (Reuters) - Aroundtown SA ::DGAP-NEWS: AROUNDTOWN SA ANNOUNCES H1 2019 RESULTS.FFO I UP BY 26% TO EUR239 MILLION.PROFIT FOR PERIOD AT EUR969 MILLION IN H1.2019 GUIDANCE IS UPDATED.NET RENTAL INCOME INCREASED TO EUR359 MILLION.UPDATED GUIDANCE INCLUDES ADDITIONAL EUR25 MILLION FFO I (NEW GUIDANCE AT >EUR490 MILLION).FFO I PER SHARE GUIDANCE REMAINS AT EUR0.41-EUR0.42.  Full Article

Aroundtown To Launch Capital Increase At About 500 Million Euros
Monday, 15 Jul 2019 

July 15 (Reuters) - AROUNDTOWN SA ::ANNOUNCES LAUNCH OF AN APPROXIMATELY EUR500 MILLION CAPITAL INCREASE.RESOLVED TODAY LAUNCH OF AN APPROXIMATELY EUR500 MILLION CAPITAL INCREASE OF NEW ORDINARY SHARES.NEW SHARES WILL CARRY DIVIDEND RIGHTS FOR DIVIDENDS IN RESPECT OF FISCAL YEAR 2019 AND ONWARD.NEW SHARES WILL RANK PARI PASSU WITH EXISTING SHARES.NEW SHARES WILL BE OFFERED TO INSTITUTIONAL INVESTORS BY MEANS OF A PRIVATE PLACEMENT OUTSIDE UNITED STATES.NEW SHARES WILL BE OFFERED IN UNITED STATES TO PERSONS REASONABLY BELIEVED TO BE QUALIFIED INSTITUTIONAL BUYERS.TO ABSTAIN FROM ISSUING ANY NEW SHARES WITHIN A PERIOD OF 60 DAYS.WILL SPECIFY NUMBER OF SHARES TO BE PLACED BY SEPARATE RESOLUTION.INTENDS TO USE NET PROCEEDS FROM CAPITAL INCREASE PRIMARILY TO FUND COMPANY'S GROWTH STRATEGY.  Full Article

Aroundtown SA says dividend to be paid on July 16
Friday, 12 Jul 2019 

July 12 (Reuters) - Aroundtown SA ::DGAP-NEWS: AROUNDTOWN SA ANNOUNCES RESULTS OF SCRIP DIVIDEND.ANNOUNCES RESULTS OF SCRIP DIVIDEND.SHAREHOLDERS OF APPROXIMATELY 356.9 MILLION SHARES OPTED TO RECEIVE THEIR DIVIDEND IN FORM OF NEW ORDINARY SHARES OF AROUNDTOWN.ACCORDINGLY, 10,894,530 NEW SHARES WILL BE ISSUED IN CONNECTION WITH SCRIP DIVIDEND.AS PREVIOUSLY ANNOUNCED, CASH DIVIDEND IS EXPECTED TO BE PAID ON 16 JULY 2019.NEW SHARES RESULTING FROM SCRIP DIVIDEND ARE EXPECTED TO BE DELIVERED ON 22 JULY 2019..  Full Article

Aroundtown Publishes Subscription Price And Ratio For Scrip Dividend
Thursday, 4 Jul 2019 

July 4 (Reuters) - AROUNDTOWN SA ::PUBLISHES SUBSCRIPTION PRICE AND RATIO FOR SCRIP DIVIDEND.SUBSCRIPTION PRICE OF EUR 7.06 AND SUBSCRIPTION RATIO OF 32.76 : 1 FOR SCRIP DIVIDEND.  Full Article

Aroundtown SA completes 1.2 bln eur in property acquisitions
Monday, 1 Jul 2019 

July 1 (Reuters) - Aroundtown SA ::AROUNDTOWN SA ANNOUNCES COMPLETION OF ACQUISITIONS OF CONTROLLING INTEREST IN EUR1.2 BILLION PROPERTIES IN H1 2019 MAINLY LOCATED IN MUNICH, BERLIN, COLOGNE, HAMBURG, AND FRANKFURT AND IN ADDITION SIGNED FURTHER EUR400 MILLION PROPERTIES WHICH YEAR-TO-DATE AMOUNTS TO A TOTAL OF EUR1.6 BILLION.EUR1.6 BILLION PROPERTIES HAVE AN ACQUISITION-MULTIPLE OF 25X WITH 10% VACANCY AND HAVE A SIGNIFICANT UPSIDE POTENTIAL WHICH WILL BRING LONG TERM NOI YIELD (UNLEVERED) TO OVER 7%..IN ADDITION, AROUNDTOWN HAS A PIPELINE OF HOTELS AND OFFICES FOR APPROX. EUR1.5 BILLION PRIMARILY IN GERMANY AND NETHERLANDS, OF WHICH EUR1 BILLION IS HIGHLY LIKELY TO BE SIGNED IN Q3 2019 AND CLOSED IN Q4 2019..  Full Article

Aroundtown Places GBP 400 Mln Fixed Rate Notes Due 2031 Under EMTN Programme
Wednesday, 3 Apr 2019 

April 3 (Reuters) - AROUNDTOWN SA ::PLACES GBP 400 MILLION FIXED RATE NOTES DUE 2031 UNDER EMTN PROGRAMME.ISSUE PRICE OF 97.819% OF PRINCIPAL AMOUNT OF NOTES.  Full Article

Aroundtown Reports 2018 Net Profit Of 1.8 Bln Eur
Thursday, 28 Mar 2019 

March 28 (Reuters) - Aroundtown SA ::NET RENTAL INCOME OF EUR633 MILLION, IMPROVED BY 41% FROM EUR449 MILLION RECORDED IN 2017.ADJUSTED EBITDA OF EUR606 MILLION, AN INCREASE OF 41% COMPARED TO EUR429.3 MILLION RECORDED IN 2017.FFO I GROWING 38% YOY TO EUR405.7 MILLION, FROM EUR293 MILLION IN 2017.NET PROFIT AMOUNTED TO EUR1.8 BILLION DURING PERIOD, INCREASING 19% IN COMPARISON TO 2017.INVESTMENT PROPERTY INCREASED TO EUR14.2 BILLION, UP 45% AS COMPARED TO EUR9.8 BILLION AS AT YEAR-END 2017.2019 GUIDANCE: FFO I 460-470 MILLION EUR.2019 GUIDANCE: RENTAL GROWTH LIKE-FOR-LIKE AROUND 4 PERCENT.2019 GUIDANCE: DIVIDEND PER SHARE 65 PERCENT OF FFO I PER SHARE.  Full Article

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German real estate firms consider merger to create market leader

Germany's Aroundtown and TLG Immobilien are examining a merger to create a pan-European commercial real estate market leader worth 25 billion euros ($28 billion).