16 Nov 2016 12:00
16 November 2016
BCRE - Brack Capital Real Estate Investments N.V.
("BCRE" or the "Company")
Extension of maturity of convertible loan notes
Further to its announcement on 23 December 2014, the Company announces that it has extended the maturity date of the convertible loan notes in the aggregate amount of €16,800,000 pursuant to the convertible loan agreements of 24 December 2014. It is agreed that the convertible loan notes will now mature on 30 November 2016 instead of on 14 November 2016.
ENQUIRIES:
BCRE - Brack Capital Real Estate Investments N.V. | |
Ariel Podrojski, Chief Executive Officer | |
Nansia Koutsou, Chief Financial Officer / Chief Operating Officer | +31 20 514 1004 |
Novella Communications | |
Tim Robertson | |
Toby Andrews | +44 203 151 7008 |
About BCRE
BCRE is an international real estate development and investment group, headquartered in the Netherlands and listed on the London Stock Exchange. Through its subsidiary and associated undertakings, the Company is interested in, develops and operates an international portfolio of real estate assets, predominantly located in the USA, Germany and Russia.
The Company has established local management team platforms with significant local market expertise in the US, Germany, Russia, India and the UK with exclusive access to over 550 staff. At present, the Company has offices and teams in New York, London, Frankfurt, Dusseldorf, Moscow, Kazan, New Delhi, Amsterdam and Limassol.