LONDON (Alliance News) - Property company Treveria PLC Tuesday said it has reached a settlement with the insolvency administrator regarding the assets of its Silo E portfolio. Treveria, which invests in German commercial real estate said the insolvency administrator has agreed to compensate
Read moreShares in German real estate investment company Treveria got a lift on Thursday when it announced a cash distribution of 3.25 euro cents per share. The distribution will be financed from the distributable reserve, which was created by the cancellation of the share premium account in 2007, which had
Read moreTreveria, a German retail focused real estate investment company, has agreed to dispose of the Silo D property portfolio over a period of time and has appointed an investment management who will be paid 1.8 per cent on each sale. Under the agreement, the servicer, Situs Asset Management, has grant
Read moreTreveria, a German retail-focused real estate investment company, has entered into a standstill agreement with Deutsche Bank to facilitate discussions relating to an existing debt facility with the bank. In July last year the firm signed a one year loan extension the debt facility. Leaf Clean Ener
Read moreTransense Technologies, a sensors specialist, has been informed by one of the world's largest mining companies that its iTrack Tyre Temperature and Pressure Monitoring System for mining and off-the-road vehicles has successfully completed field trials and is now an approved product for deployment in
Read moreGerman retail-focused real estate investment company Treveria saw its adjusted net asset value (NAV) per share surge in 2010, a year it described as one of internal restructuring. Adjusted NAV rose 56% to €0.54 per share at the end of 2011 from 34.6 cents a year earlier. Adjusted profit before tax
Read moreThe wife of Renew Holdings' chief executive Brian May has spent £30,000 shares in the specialist engineering and building company. Margaret May took 50,000 shares at 60p a time, which means that Brian May now has a beneficial interest in 405,000 shares in the firm. May became chief executive of Re
Read moreBeowulf Mining's exploration programme in Sweden has been "slightly delayed" by the country's coldest December in 100 years when temperatures regularly plunged as low as -35 degrees celsius. Drilling activity has since returned to more normal levels, and assay results for the initial 10 drillholes
Read moreAsia-focused teaching group, AEC Education, have shown a strong progress in the half year to June 30, boasting a revenue increase of 169% to £8.64m (2009: £3.21m). This result is contributed heavily by the first full six month contribution from Malvern House (£4.12m), the London-based English langua
Read moreLONDON (Dow Jones)--A major shareholder in property investor Sirius Real Estate Ltd. (SRE.LN) Friday wrote to other stakeholders, urging them to back its proposed changes to the board at an upcoming extraordinary general meeting. Weiss Asset Management, whose managed funds currently own around 2
Read moreLONDON (Dow Jones)--Treveria PLC (TRV.LN), a German retail focused real estate investment company, Tuesday announces that it has agreed certain covenant waivers with regard to its second Deutsche Bank/Citigroup debt facility. MAIN FACTS: -Deutsche Bank and Citigroup have agreed to waive any
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