Aug 14, 2024 / 08:00AM GMT
Kyrill Turchaninov - Deutsche Konsum REIT-AG - Chief Financial Officer
Good morning, everybody. My name is Kyrill Turchaninov, and together with my colleague, Alexander Kroth, who is the CIO of Deutsche Konsum REIT, we will be presenting the financial results of the first nine months of 2024 financial year of Deutsche Konsum REIT.
We will start with an overview on page 4, which shows us the highlights of the nine months ending on 30/6/24. There are some events, which happened after the end of these nine months, which happened in July, and we will touch upon those as well because they are important to understand what happened in the business and how things have developed.
We had stable operational business in the nine months, and there are some effects, which we have on FFO coming from the higher financing costs. Rental income remained almost flat versus the prior year. There were almost no changes in those periods to the portfolio composition in terms of assets.
Net rental income slightly increased, which was mainly driven to the non-periodic items in the prior period. And in
Q3 2024 Deutsche Konsum REIT-AG Earnings Call Transcript
Aug 14, 2024
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