DGAP-Adhoc: IMW Immobilien AG: Loss due revaluation of properties


IMW Immobilien AG / Final Results/Final Results

11.06.2010 18:44 

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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IMW Immobilien Aktiengesellschaft
Stresemannstr. 78
10963 Berlin


ISIN-Nr. DE 000 A0BVWY6, 


Announcement according to § 15 WpHG
On preliminary calculation the IMW-Group will received in the business year
(01.04.2009 till 31.03.2010) rental revenues of approx. EUR 26.5 million
(previous year: EUR 33.4 million) due to the sale of several properties.
Although the profit situation could be improved significantly a group loss
of EUR 16 million will be expected (previous year: - EUR 168.3 million).
Initial we have expected a small profit.

The reasons are non realised losses of approx. EUR 22 million due to the
revaluation of the Group properties of approx. EUR 333 million which is a
result of urgent refurbishments in the biggest remaining portfolio.
End of announcement


11.06.2010 18:44 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv at |[![CDATA[|[a href="http://www.dgap-medientreff.de"|]www.dgap-medientreff.de|[/a|]]]|] and |[![CDATA[|[a href="http://www.dgap.de"|]www.dgap.de|[/a|]]]|]

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Language:     English
Company:      IMW Immobilien AG
              Stresemannstraße 78
              10963 Berlin
              Deutschland
Phone:        +49 (0)30 25 46 12 00
Fax:          +49 (0)30 25 46 12 99
E-mail:       info@imw-ag.de
Internet:     www.imw-ag.de
ISIN:         DE000A0BVWY6, DE000A0BVWZ3
WKN:          A0BVWY
Listed:       Regulierter Markt in Frankfurt (General Standard);
              Freiverkehr in Berlin, Hamburg, Stuttgart
 
End of News                                     DGAP News-Service
 
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