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VERIANOS REAL ESTATE AKTIENGESELLSCHAFT (FRA:DE000A0Z) ​​​​​​​VERIANOS SE pays special dividend to fund investors of Small & Mid Cap Immobilienfonds 1

Transparency directive : regulatory news

04/11/2021 08:00

DGAP-News: VERIANOS SE / Key word(s): Payout/Real Estate
​​​​​​​VERIANOS SE pays special dividend to fund investors of Small & Mid Cap Immobilienfonds 1

04.11.2021 / 08:00
The issuer is solely responsible for the content of this announcement.


VERIANOS SE pays special dividend to fund investors of Small & Mid Cap Immobilienfonds 1

  • Multiple of the special distribution of 1.25x of paid-in equity capital to fund investors after refinancing of existing portfolio
  • Total distributions since fund launch at 1.9x of equity, final distribution expected in 2022

Cologne, 4 November 2021 - VERIANOS SE (ISIN: DE000A0Z2Y48) has made a special distribution to investors with a multiple of 1.25x of the paid-in equity capital for its Small & Mid Cap Immobilienfonds 1. This was preceded by the refinancing of the properties in the fund on the basis of the significantly increased market values after repositioning. As a result, the multiple of the distributions made has increased to over 1.9x of the paid-in equity capital since the fund's launch.

Tobias Bodamer, Managing Partner of VERIANOS SE: "The basis for this distribution was laid by the successful leases we have been able to close in the past 18 months. One of our key targets is to return the capital to our investors in a timely manner through regular dividends. After the sale of the properties remaining in the fund, we are planning to make a final distribution next year with a multiple of around 3x of the paid-in equity, within 6.5 years since launching the fund. We will continue to target attractive returns for our investors through disciplined acquisitions, active asset management and return-optimized holding periods whilst always putting capital protection first."

VERIANOS is currently in the final stage of capital raising for the VERIANOS European Opportunities Fund, which invests in small to mid-sized properties with attractive upside potential in Europe. The fund's seed portfolio consists of seven fully let commercial properties in Barcelona and Valencia. According to an independent appraisal, the portfolio has been valued well above purchase price. VERIANOS plans to build on its strong historical track record with carefully selected investments and regularly participates in the funds launched with a significant co-investment.
 

About VERIANOS

VERIANOS is a real estate private equity company that acquires assets with high value creation potential in Europe together with long-term oriented private investors. VERIANOS focuses on impact and value investments in the small and mid-cap segment (individual asset volumes between EUR 5 and 25 million).
 

Contact:
VERIANOS SE
Tobias Bodamer
T +49 69 69 768 88 100
Mail: ir@verianos.com

Financial and business press:
IR.on AG
Frederic Hilke | Martin Grünter
T +49 221 9140 970
Mail: verianos@ir-on.com



04.11.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: VERIANOS SE
Gürzenichstraße 21
50667 Cologne
Germany
Phone: +49 221 20046100
Fax: +49 221 20046140
E-mail: ir@verianos.com
Internet: www.verianos.com
ISIN: DE000A0Z2Y48
WKN: A0Z2Y4
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Hamburg, Stuttgart
EQS News ID: 1245821

 
End of News DGAP News Service

1245821  04.11.2021 

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