Deutsche EuroShop

Line

Claus -Matthias Böge ( Chief Executive Officer),
Olaf G. Borkers (Board)
Manfred Zass (Chairman)

The German Euro Shop AG, headquartered in Hamburg (formerly in Eschborn ) is a public company, which focused exclusively on investments in shopping centers. She is currently involved in 20 shopping centers in Germany, Austria, Poland and Hungary. The company is a pure holding company and thus the number of direct employees rather low.

History

The company was founded on 10 October 1997 as a pure stock company with registered Torwa Beteiligungs AG. On 21 August 2000 the name was changed to German Euro shop was. The German real estate Management GmbH at that time was the sole shareholder and granted the company 580 million euros as capital reserve without consideration obligation available with its agents in September 2000 by the German land management GmbH, DI German real estate trust company and DB Real Estate Fund kappa Dr. Ruehl KG the investments were bought at eight shopping centers. The management was operated 2001 on the ECE Project Management GmbH & Co. KG, a subsidiary of the Otto Group.

Since 2 January 2001 the German Euro Shop AG on the German Stock Exchange and the total issue size is flowed to the German land management GmbH (later name change to DB Real Estate ) to a subsidiary of Deutsche Bank. CEO Knut were Neuss and Jürgen Wundrack, Chairman Helmut Ullrich. On 15 April 2003, on the Prime Standard and on 14 July 2003 in the SDAX was. On 2 January 2004, the recording was followed in the EPRA index and since 20 September 2004 in the MDAX. There is also a listing in the northern German regional index HASPAX. On 10 November 2005 the Company received approximately EUR 67 million from a capital increase. Further capital followed on 7 July 2009 and on 1 February and 23 November 2010, which earned the company a total of 322 million euros.

Shareholder

On 31 December 2011 the share capital was divided into 51,631,400 shares. 10.0 % of which are owned by Alexander Otto. Overall, the Supervisory Board held 5,199,687 ( 10.07% ) and the Board 26,061 (0.05 %) shares.

In April 2013, the Company had 9,900 shareholders and had a free float of 84.1 %. The Otto family ( including Michael Otto, Alexander Otto ) holds 15.9% stake in the company.

Management

Board of Directors

The Board of Management of Deutsche Euro Store consists of the following two members:

Claus -Matthias Böge, Chairman of the Board (since 2003 Speaker, since 2001 member of the Executive Board )
Olaf Borkers (since 2005 Member of the Board)

Board

The Supervisory Board consists of nine members. Chairman Manfred Zass and his deputy Michael yells.

Investments

A10 Center, Wildau (100 %)
Rhein- Neckar-Zentrum, Four home ( 99.90% )
Main- Taunus-Zentrum, Sulzbach ( 52.01 %)
Forum, Wetzlar (65%)
City-Galerie, Wolfsburg ( 89%)
Old Market Gallery, Dresden (100 %)
City-Arkaden, Wuppertal (100 %)
Allee- Center Hamm ( 88.93 %)
Phoenix Center, Hamburg- Harburg ( 50%)
City-Point Kassel (100 %)
Rathaus-Center, Dessau ( 94.90% )
Stadt-Galerie Passau (75%)
Stadt-Galerie Hameln ( 94.90% )
Billstedt Center, Hamburg ( 100%)
Allee- Center Magdeburg (50%)
Herold- Center, Norderstedt (100 %)

Árkád, Pécs (Hungary ) (50 %)
City-Arkaden, Klagenfurt ( Austria ) (50 %)
Galeria Baltycka, Gdansk ( Poland) ( 74%)
Galeria Dominikanska, Wroclaw ( Poland) ( 33.3 %)

233147