Westgrund Aktiengesellschaft reported preliminary consolidated revenue results for the year 2014. The revenues which nearly completely consist of rental revenues will reach €35.9 million and thus nearly double compared to the previous year according to the preliminary data. Rental revenues for those real estate units which had belonged to the Westgrund group already in 2013 increased by 4.4% in 2014. The overall performance of Westgrund AG has almost tripled - in line with the growth in the real estate portfolio - and reached €119.2 million. This increase mainly reflects the results from the valuation of investment.

For the year 2014, the company's earnings before taxes to be €71.6 million and the consolidated net result to be €59.8 million are both expected to more than triple in comparison to the previous year. Funds from operations without gains from the sale of properties (FFO I) are expected to reach €5.6 million and thus more than quadruple in comparison to the previous year. Undiluted NAV per share will increase to €4.24.