Overview
Access
/time_series
data via our API — starting from the
Basic plan and above.
Description
Deutsche Konsum Real Estate AG is a real estate investment trust (REIT) specializing in the acquisition, leasing, management, and sale of retail properties throughout Germany. Its primary focus lies on established micro-locations in regional areas and medium-sized cities, away from major metropolitan centers, targeting tenants that serve daily consumer needs such as supermarkets and essential retailers. This strategy enables the generation of stable rental income while benefiting from REIT status, which exempts it from corporate income tax in Germany, allowing for efficient dividend distributions. As of late September 2024, the company manages a substantial portfolio of 167 retail properties spanning nearly 1 million square meters with a market value approaching 989 million euros, supporting local socio-economic infrastructure in these communities. Founded in 2008 as Stafford Grundbesitz GmbH and transformed into a public limited company in 2014, Deutsche Konsum Real Estate AG is headquartered in Potsdam and employs around 20-25 staff. Listed in the Prime Standard segment of the German stock exchange and included in indices like MSCI Germany and CDAX, it holds a prominent position in the retail REIT sector, emphasizing sustainable ownership and long-term value in Germany's regional retail real estate market.
About
CEO
Mr. Ahmed Khaled El-Hoshy
Employees
16
Address
August-Bebel-Str. 68
11 Bermudiana Road
Potsdam, 14482, MI
Germany
11 Bermudiana Road
Potsdam, 14482, MI
Germany
Phone
49 331 74 00 76517
Website
Instrument type
REIT
Sector
Real Estate
Industry
REIT - Retail
Country
Germany
MIC code
XMUN