conwert Immobilien Invest SE ('conwert'), listed on the ATX, expects further growth in the value of its property portfolio in the fourth quarter of 2016, according to the initial indication by valuation firm CBRE. From today's viewpoint, these gains will amount to €85 to 105 mn as a result of the strong operating performance and the positive market growth. For the full-year 2016 conwert thereby expects net revaluation gains of approximately €180 to 200 mn (following on from €95.5 mn at the end of the first half 2016 and €66.0 mn in the 2015 business year).
The results for the 2016 business year will be published on 29 March 2017.

conwert Immobilien Invest SE published this content on 25 November 2016 and is solely responsible for the information contained herein.
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Original documenthttp://www.conwert.com/en/conwert-expects-further-revaluation-gains-its-property-portfolio

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