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Deutsche EuroShop AG Hauptversammlung 2023

Hauptversammlungsrede von Vorstand Hans-Peter Kneip am 29. August 2023 in der Hamburger Handwerkskammer Weitere Informationen unter https://www.deutsche-euroshop.de/HV

Deutsche EuroShop | Conference Call | Preliminary Results 2022

Webcast of the telephone conference including the slide presentation Presenter: Patrick Kiss, Head of Investor & Public Relations 22.03.2023, 10.00 a.m., CET www.deutsche-euroshop.com/ir

Deutsche EuroShop AG Hauptversammlung 2022

Hauptversammlungsrede von Vorstand Olaf Borkers. Die ordentliche virtuelle Hauptversammlung der Deutsche EuroShop AG fand am 30. August 2022 um 10.00 Uhr in Hamburg statt.

Deutsche EuroShop EPK (Electronic Press Kit)

footage, 8'48'' min, aspect ratio 16:9 (c) Copyright by Deutsche EuroShop AG https://www.deutsche-euroshop.de

09.03.2017

Acquisition details - Olympia Center Brno

Patrick Kiss Patrick Kiss

Under the purchase agreement signed on 7 March 2017, Deutsche EuroShop AG is acquiring 100% of the shares in a property company that is the owner of the Olympia Center in Brno. The company is being sold by two funds managed by Rockspring Property Investment Managers and ECE Real Estate Partners respectively. The acquisition is expected to be completed during the first half of 2017. The acquisition will increase Deutsche EuroShop’s portfolio to 21 shopping centers, with a market value of some €5.1 billion (100% perspective).

Located in the second largest town in the Czech Republic, the Olympia Center opened its doors in 1999 and is one of the country’s biggest shopping centers. Following a reorganisation between 2014 and 2016, it houses more than 200 specialist stores across 85,000 m2 over two floors. Anchor tenants include hypermarket Albert, H&M, Intersport and P&C Düsseldorf. The center also features a cinema and entertainment park, as well as more than 4,000 parking spaces. It is very well connected in terms of both road links and public transport. The shopping center is managed by ECE Projektmanagement, and some 1.2 million people live in its catchment area. The Olympia Center welcomes more than 23,000 customers every day and more than 8 million every year.

It is expected to generate €20.1 million in rental income in 2017. Anticipated NOI is €19.1 million.

 

Facts & figures on the Olympia Center

Location


Brno, Czech Republic

Future DES shareholding


100%

Rental space in sqm


approx. 85,000

Parking spaces


approx. 4,000

Number of shops


approx. 200

Occupancy rate


approx. 98.5%

Catchment area


1.2 million residents

Opened/restructured


1999/2014-2016

Website


www.olympia-centrum.cz/en