Lübke Kelber AG
ISIN: DE000A35JR33
WKN: A35JR3
16 September 2024 11:37AM

EQS-News: Lübke Kelber continues growth strategy with the successful acquisition of 350 residential units in Leipzig

Lübke Kelber AG · ISIN: DE000A35JR33 · EQS - Company News
Country: Germany · Primary market: Germany · EQS NID: 1988851

EQS-News: Lübke Kelber AG / Key word(s): Acquisition
Lübke Kelber continues growth strategy with the successful acquisition of 350 residential units in Leipzig

16.09.2024 / 11:37 CET/CEST
The issuer is solely responsible for the content of this announcement.


 

Lübke Kelber continues growth strategy with the successful acquisition of 350 residential units in Leipzig
 
Frankfurt a. M., 16 September 2024 - Lübke Kelber AG (ISIN: DE000A35JR33), the holding company of the Lübke Kelber Group, has added a further 350 residential units in Leipzig to the company's property management. The property portfolio was purchased in cooperation with the joint venture partner EPISO 6, a fund managed by Tristan Capital Partners. The residential units are spread across 13 buildings and cover 18,249 square metres. Last year, Lübke Kelber and EPISO 6 had already acquired 2,700 residential units in several attractive locations in Leipzig, Germany's fastest-growing city.
 
The transaction and the transfer of the residential portfolio to the asset and property management are a further important step in Lübke Kelber's four-pillar strategy. In addition to the previously dominant transaction business, the expansion of the asset and property management area is a key focus of the future growth strategy. The aim is to build up the company's own portfolio of more than 20,000 flats by 2028, which is to be achieved through continued intensive cooperation with institutional investors within this business area.
 
Marc Sahling, member of the Exevutive Board and CEO of Lübke Kelber Group: “We are delighted that we can take advantage of the current market conditions to acquire property portfolios in the asset and investment management area together with our joint venture partner. Our project pipeline is still well filled and we want to finalize further transactions by the end of the year.”
 

About Lübke Kelber 
Lübke Kelber is a diversified, medium-sized property specialist with over 55 years of market and real estate expertise. The company operates nationwide with more than 90 specialists and offices in Berlin, Frankfurt, Munich, Stuttgart, Düsseldorf, Dresden, Leipzig and London. As part of an international alliance centred around Gerald Eve LLP, the company also provides its clients with global market access. Lübke Kelber's long-standing quality standards, coupled with continuity and reliability, guarantee clients a high success rate for sales mandates. In addition to transaction advice in the residential and commercial real estate sector, Lübke Kelber also offers institutional investors a platform for asset and investment management in Germany. The shares of Lübke Kelber AG (WKN A35JR3, ISIN DE000A35JR33) are listed on the open market of the Düsseldorf Stock Exchange and the Frankfurt Stock Exchange and are traded on Xetra, among others.
More information at https://luebke-kelber-ag.de/
 
 
Contact Investor Relations / Financial Media:
IR.on AG
Frederic Hilke
0221-914097-0
Luebke-Kelber@ir-on.com

 



16.09.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Lübke Kelber AG
Taunusstr. 6
60329 Frankfurt/Main
Germany
Phone: +49 (0)69 99991400
E-mail: zentrale@luebke-kelber.de
Internet: www.luebke-kelber-ag.de
ISIN: DE000A35JR33
WKN: A35JR3
Listed: Regulated Unofficial Market in Dusseldorf (Primärmarkt), Frankfurt
EQS News ID: 1988851

 
End of News EQS News Service

1988851  16.09.2024 CET/CEST

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Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.

The most important financial data at a glance
  2018 2019 2020 2021 2022 2023 2024e
Sales1 0,00 0,00 0,00 0,00 0,00 8,70 0,00
EBITDA1,2 0,00 0,00 0,00 0,00 0,00 -0,41 0,00
EBITDA-Margin3 0,00 0,00 0,00 0,00 0,00 -4,71 0,00
EBIT1,4 0,00 0,00 0,00 0,00 0,00 -0,42 0,00
EBIT-Margin5 0,00 0,00 0,00 0,00 0,00 -4,83 0,00
Net Profit (Loss)1 0,00 0,00 0,00 0,00 0,00 -0,44 0,00
Net-Margin6 0,00 0,00 0,00 0,00 0,00 -5,06 0,00
Cashflow1,7 0,00 0,00 0,00 0,00 0,00 -0,44 0,00
Earnings per share8 0,00 0,00 0,00 0,00 0,00 -0,41 0,38
Dividend per share8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

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INVESTOR-INFORMATION
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Lübke Kelber
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
A35JR3 DE000A35JR33 AG 11,54 Mio € 15.12.2023
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
19,27 27,90 0,69 31,18 0,65 -26,42 1,33
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
0,00 0,00 0,00 0,00%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
27.08.2024 30.09.2024 31.05.2024
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
+0,00%
10,60 €
ATH 14,90 €
-0,08% +0,00% +0,00% +0,00% +0,95%
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