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Brack Capital Real Estate Investments Sells New York Hotel Stake

Thu, 29th Mar 2018 14:58

LONDON (Alliance News) - Brack Capital Real Estate Investments NV said Thursday it has agreed to sell its stake in a hotel on Bowery Street in New York to its partner CitizenM.

Financial details of the deal were not disclosed, but Brack says the price "reflects no material profit or loss" for the company.

Brack expects to close the deal no later than February 2019.

Shares in Brack were untraded at 0.85 pence on Thursday.

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14 Jul 2014 08:42

Brack Capital Real Estate Investments Buys Property In Manhattan

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17 Jun 2014 10:12

Brack Capital Real Estate Unit To Buy Manhattan Care Home

LONDON (Alliance News) - Brack Capital Real Estate Investments NV Tuesday said one of its subsidiaries has conditionally agreed to acquire the 240,000-square-foot Williams Memorial Residence in New York for an undisclosed fee. Brack Capital did not name the seller of the care home but said

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28 May 2014 11:20

REPEAT: Marimedia, Brack Capital Real Estate Begin Trading, P2P Closes Offer

LONDON (Alliance News) - Online advertising services company Marimedia Ltd commenced trading on AIM Wednesday, whilst Netherlands-based real estate development and investment group, Brack Capital Real Estate Investments N.V, joined the London Main Market. Additionally, investment trust P2P

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28 May 2014 11:19

Marimedia, Brack Capital Real Estate Begin Trading, P2P Closes Offer

LONDON (Alliance News) - Online advertising services Marimedia Ltd commenced trading on AIM Wednesday, whilst Netherlands-based real estate development and investment group, Brack Capital Real Estate Investments N.V, joined the London Main Market. Additionally, investment trust P2P Global I

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