Not a bad return on investment17 Jun 2019 15:21
The Directors of the Company are pleased to announce that, in accordance with its published investment strategy, the Company has signed binding agreements to acquire six properties in Germany, for a total purchase price of €59,290,000 (the "Acquisition Agreements"). The six properties, valued by Jones Lange Lasalle, in combination represent an estimated Gross Development Value of €492,310,000 and an estimated Gross Development Profit of €52,955,275.