Deutsche Konsum REIT reported earnings results for the first nine months of fiscal 2018. The rental income of the Company increased significantly by 52% to EUR 20.9 million compared to the same period of the previous year (previous year: EUR 13.8 million). The derived funds from operations ("FFO") increased even more strongly by 61% to EUR 11.4 million (previous year: EUR 7.1 million). As a result, the EPRA NAV increased to EUR 7.50 per share or around 20% as of 30 June 2018.

The Management Board confirmed the forecast to achieve a FFO of at least EUR 16 million but adjusts the upper end of the range to EUR 18 million. Furthermore, the Management Board confirms the forecast to achieve a FFO Run Rate of EUR 23 million as of 30 September 2018.

On the basis of the current planning, this results in a FFO of between EUR 25 and 28 million as well as a FFO Run rate of about EUR 33 million for the following financial year 2018/2019 (as at 30 September 2019).