BUWOG AG / Key word(s): Quarterly / Interim Statement
10.08.2016 20:48

Disclosure of an inside information according to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Ad-hoc-Release


- Expected revaluation result amounting to approx. EUR 148 mn for Q1 of     the financial year 2016/17

BUWOG AG will report a revaluation result for the fourth quarter of its financial year 2015/16 amounting to approx. EUR 37 mn in the course of the presentation of results for its financial year 2015/16. Thus, BUWOG AG will show a total revaluation result for its financial year 2015/16 of approx. EUR 191 mn.

For the first quarter of its financial year 2016/17 BUWOG AG expects to show a revaluation result of its investment properties of a further approx. EUR 148 mn mainly due to the noticeably more dynamic development of the real estate markets particularly in Germany in the months from May through July 2016.

The complete results of the financial year 2015/16 will be announced as planned in the course of the presentation of the Annual Report 2015/16 on 31 August 2016.
Further results of the first quarter of the financial year 2016/17 will be published as planned on 28 September 2016.

About BUWOG Group

BUWOG AG, Hietzinger Kai 131, 1130 Vienna, Austria, is the leading German- Austrian full-service provider in the residential property business and now looks back on 65 years of expertise. Its high quality property portfolio encompasses more than 51,000 units and is distributed between Germany and Austria. In addition to asset managment the entire value chain of the real estate sector is covered by the sales and development business areas. The shares of BUWOG AG (ISIN AT00BUWOG001) have been listed on the Frankfurt, Vienna (ATX) and Warsaw stock exchanges since the end of April 2014.
For enquiries please contact:

INVESTOR RELATIONS

Holger Lueth
Head of Investor Relations & Corporate Finance
Email: holger.lueth@buwog.com
T +43-1-878 28 1203
F +43-1-878 28 5203

MEDIA

Thomas Brey
BUWOG-Press Office Austria
c/o M&B PR, Marketing, Publications
Email: brey@mb-pr.at
Tel.: +43-1-233 01 23-15

Nikolaus von Raggamby
BUWOG-Press Office Germany
c/o RUECKERCONSULT
Email: buwog@rueckerconsult.de
Tel.: +49 (0)30 2844 987 - 40


10.08.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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Language:     English
Company:      BUWOG AG
              Hietzinger Kai 131  
              1130  Wien
              Austria
Phone:        +43 1 87 8281130
Fax:          +43 1 87 8285299
E-mail:       investor@buwog.com
Internet:     www.buwog.com
ISIN:         AT00BUWOG001
WKN:          A1XDYU
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Wien (Amtlicher Handel / Official Market)  
End of Announcement DGAP News-Service  

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