April 30, 2020 / 5:21 AM / 3 months ago

BRIEF-DIC Asset Q1 FFO Up By 55% At EUR 26.4 Mln

April 30 (Reuters) - DIC Asset AG:

* DGAP-NEWS: DIC ASSET AG: FFO RISE BY 55% - STRONG AND SUCCESSFUL FIRST QUARTER OF 2020 BACKS CURRENT FULL-YEAR FORECAST

* Q1 FFO RISE BY 55% TO EUR 26.4 MILLION

* LATEST FORECAST OF EUR 94-96 MILLION IN FFO CONFIRMED

* Q1 GROSS RENTAL INCOME INCREASED BY 6% TO EUR 26.0 MILLION (PREVIOUS YEAR: EUR 24.5 MILLION)

* OUTLOOK 2020: EUR 94-98 MILLION IN GROSS RENTAL INCOME, AND EUR 80-90 MILLION IN REAL ESTATE MANAGEMENT FEES Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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