The 2nd Deutsche EuroShop Real Estate Summer took place on 15 & 16 September 2011 and was named "3 Center Tour".
The tour started with presentations in Wolfsburg and ended in Berlin. It included visits of Deutsche EuroShop's shopping centers in Wolfsburg (City-Galerie), Magdeburg (Allee-Center) and Wildau/Berlin (A10 Center).
We got several follow-up questions on the acquistion of the Allee-Center Magdeburg (ACM), which we have announced on 30 August 2011, and we want to provide answers to these questions.
We are occassionally asked for the historical like-for-like (l-f-l) development development of Deutsche EuroShop's rental growth. Here is the answer:
The average growth rate is 2.2%.
The Hertie Foundation has informed us that its voting rights on Deutsche EuroShop have exceeded the 3% threshold and amount to 3.019% (1,558,890 shares; total number of DES' shares: 51,631,400).
We want to take this occasion to update our shareholder structure.
We've designed a new chart which shows the quarterly development of our analysts' recommendations over the last 7 years (since Q2 2004). Additionally it shows our way to become one of the best covered real estate companies in Europe (according to EPRA, 3/11), starting with only a few analysts.