BUWOG AG expects significant revaluation results of its standing investment properties for the first half of the financial year 2017/18 - komunikat spółki BUWOG AG (buwog) - komunikat ESPI

2017-10-16 18:01:24

Komunikat spółki

COMMON REPORT


POLISH FINANCIAL SUPERVISION AUTHORITY

		UNI - EN REPORT No		23	/	23

Date of issue:	2017-10-16

Short name of the issuer
BUWOG AG

Subject
BUWOG AG expects significant revaluation results of its standing investment properties for the first half of the financial year 2017/18

Official market - legal basis


Unofficial market - legal basis


Contents of the report:
With respect to the results for the first half of the financial year 2017/18 as of 31 October 2017 BUWOG AG expects to show a positive revaluation result of its overall standing investment properties of at least EUR 135 mn mainly due to the noticeably more dynamic development of the real estate markets (yield compression) in the months from May 2017 through October 2017.

Annexes
File			Description
ADHOC_20171016.pdf			BUWOG AG expects significant revaluation results of its standing investment properties for the first half of the financial year 2017/18

BUWOG AG

(fullname of the issuer)

BUWOG AG

(short name of the issuer)

(sector according to clasification of the WSE in Warsow)

1130

Wiedeń

(post code)

(city)

Hietzinger Kai

131

(street)

(number)

+43 1 87 828 12 05

+43 1 87 828 52 05

(phone number)

(fax)

(e-mail)

(web site)

ATU68290645

(NIP)

(REGON)


SIGNATURE OF PERSONS REPRESENTING THE COMPANY
Date	Name	Position / Function	Signature
2017-10-16	Holger Lüth	Head of Corporate Finance & Investor Relations

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