Deutsche Konsum Real Estate Ag · XETR:DKG
Deutsche Konsum Real Estate — Deutsche Konsum REIT-AG — H1 2025/2026 Earnings Presentation
22 slides from Deutsche Konsum Real Estate's earnings presentation, May 13, 2026
Slide 1: H1 2025/2026 Financial Results
1 H1 2025/2026 FINANCIAL RESULTS 1 October 2025 – 31 March 2026 13 May 2026
Slide 2: Disclaimer
2 Disclaimer The material in this presentation has been prepared by Deutsche Konsum REIT-AG (“DKR”) and is a general background information about DKR’s activities current as at the date of this presentation. This information is given in summary form and does not purport to be complete. Information i
Slide 3: Highlights
HIGHLIGHTS Deutsche Konsum ~q Real Estate AG
Slide 4: Highlights H1 2025/2026
4 HIGHLIGHTS H1 2025/2026 Highlights and results Stable operational business (H1 2025/2026 vs. H1 2024/2025) ➢ Rental income decreased by 2.6 MEUR to 32.9 MEUR (down 7.2%) – predominantly due to assets sales ➢ FFO increased by 5.1 MEUR to 13.2 MEUR (up 64%) / FFO per share remains constant at 0.20 E
Slide 5: Highlights H1 2025/2026: Restructuring Plan
5 HIGHLIGHTS H1 2025/2026 Restructuring Plan Implementation of the restructuring capital increase ➢ Approval of the restructuring capital increase at the extraordinary general meeting on 4 December ➢ Implementation of the restructuring capital increase, with entry in the commercial register on 13 Fe
Slide 6: Financial Key Figures
6 FINANCIAL KEY FIGURES Business development Rental income FFO FFO per share (k EUR) (k EUR) (EUR) +/-0 % 13.185 35,437 32,875 0.20 0.20 8,039 H1 2024/2025 H1 2025/2026 H1 2024/2025 H1 2025/2026 H1 2024/2025 H1 2025/2026 LTV Investment properties EPRA NTA per share (fully diluted) (%) (k EUR) (EUR)
Slide 7: Property Portfolio
PROPERTY PORTFOLIO Deutsche Konsum ~q Real Estate AG
Slide 8: Property Portfolio
8 PROPERTY PORTFOLIO Property portfolio consists of 148 properties with approx. 937,081 sqm >> Portfolio development: 30/09/2024 30/09/2025 31/03/2026 Schleswig- Mecklenburg- Holstein Pommerania Number of properties 167 151 148 Rental space (ksqm) 994 958 937 Lower Total fair value (MEUR) 886.2 786.
Slide 9: Property Portfolio: Annualized Rent and Vacancy
9 PROPERTY PORTFOLIO Decrease in annualized rent due to sales; vacancy negatively effected by one tenant insolvency and a non-extended lease Annualized rent (m EUR) Vacancy (%) 79.2 17.1 73.2 69.7 67.1 62.2 14.2 14.0 11.7 11.7 30.09.2022 30.09.2023 30.09.2024 30.09.2025 31.03.2026 30.09.2022 30.09.2
Slide 10: Tenant Structure
10 TENANT STRUCTURE 68% Rent contribution from non-cyclical tenants (81% including DIY) >> Rent contribution by tenant classification (m EUR)1: >> Rent contribution by major tenants1 : Non- Rent WALT Tenant group Brands cyclical (m EUR) in years Other cyclical rents uses Edeka Group 5.8 4.3 Schwarz
Slide 11: Tenant Structure: Number of Lease Contracts
11 TENANT STRUCTURE DKR has strong tenant partnerships >> Number of leases with the same tenant group1: No. of lease contracts 1 Based on current portfolio (148 properties) ➢ Multiple leases with the same tenant strengthens DKRs position towards the tenants (EDEKA Group - 43, B.H. Holding GmbH - 38,
Slide 12: Financing
FINANCING Deutsche Konsum Real Estate AG < 12
Slide 13: Financing
13 FINANCING Maturity profile as of 31/03/2026 166 31 0,1 Financial KPIs: 31/03/2026 30/09/2025 V. % Total financial debt (loans + bonds), MEUR 339.5 471.1 -27.9 Ø Senior secured debt cost, % p.a. 3.63 3.52 2.6 Ø Total debt cost, % p.a. 4.01 4.46 -10.1 (Net-) LTV (%) 41.1 57.8 -28.9 Average loan mat
Slide 14: Financials H1 2025/2026
FINANCIALS H1 2025/2026 Deutsche Konsum Real Estate AG < 14
Slide 15: Condensed IFRS Balance Sheet
15 FINANCIALS H1 2025/2026 Condensed IFRS balance sheet k EUR 31/03/2026 30/09/2025 k EUR 31/03/2026 30/09/2025 Assets Equity and liabilities Investment properties 621,851 620,825 Subscribed capital 109,926 50,351 Increase due to Other non-current assets 781 804 Capital reserves 277,587 218,848 cape
Slide 16: LTV and NAV / EPRA NTA
16 FINANCIALS H1 2025/2026 LTV and NAV / EPRA NTA >> LTV (loan-to-value): >> NAV / EPRA NTA per share: k EUR 31/03/2026 30/09/2025 EPRA NAV Conversion EPRA NTA (undiluted) effects of (diluted) k EUR Bank loans 308,838 318,824 convertible 31/03/2026 bonds 31/03/2026 Convertible bonds - 10,800 Total e
Slide 17: Condensed IFRS Income Statement
17 FINANCIALS H1 2025/2026 Condensed IFRS income statement Split of net operating costs: H1 H1 k EUR % 2025/2026 2024/2025 thereof H1 H1 (k EUR) 2025/2026 2024/2025 Rental income 32,875 35,437 -7.2 Portfolio reduction of 3 assets Non-recs -1,187 -5,852 Income from recharged operating costs 11,929 8,
Slide 18: FFO Reconciliation
18 FINANCIALS H1 2025/2026 FFO reconciliation >> FFO/aFFO: H1 H1 % k EUR 2025/2026 2024/2025 Total period income 6,472 1,033 >100 IFRS P&L effect from +/- Income taxes 3,001 1,895 58.4 Deferred Tax assets and + Depreciation of other assets 62 57 10.0 liabilities Net result from property disposal -23
Slide 19: Share Information
Share information Deutsche Konsum Real Estate AG < 19
Slide 20: Share Information
20 SHARE INFORMATION >> Basic Share Information >> Shareholder Structure As at 11/05/2026 Free Float ISIN DE000A14KRD3 24.29% Share price (Xetra, 11 May 2026) EUR 1.58 Symbol DKG Versorgungsanstalt Shares outstanding 109,926,080 des Bundes und der Länder AöR (indirekt) Share class Bearer shares 60.5
Slide 21: Financial Calendar and IR Contact
21 Financial calendar and IR contact
Slide 22: Financial Calendar and IR Contact
22 FINANCIAL CALENDAR AND IR CONTACT >> Financial calendar >> Conferences Date Date 13/05/2026 Publication of the half-yearly financial Nov 2026 German Equity Forum report of 2025/2026 financial year 14/08/2026 Publication of the quarterly statement for the third quarter of 2025/2026 financial year
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