Results of Extraordinary General Meeting

BCRE - Brack Capital Real Estate Investments N.V.

("BCRE" or the "Company")

Results of an Extraordinary General Meeting

Capital reduction and proposed distribution

The Company is pleased to announce that, at the Extraordinary General Meeting of the Company held earlier today, all the resolutions as set out in full in the Notice of the Extraordinary General Meeting (the "Notice"), which was published on the Company's website on 3 December 2015, were adopted unanimously.

The Company has set the amount of the increased nominal value of each share from EUR 0.01 to EUR 0.04. The Capital Reduction will be EUR 0.03 per share, totalling EUR 4,848,301.92.

The Notice and the Minutes of the Extraordinary General Meeting are available at the Company's website: http://www.brack-capital.com.

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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, Russia, India and the UK.

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 400 staff. At present, the Company has offices and teams in New York, London, Frankfurt, Düsseldorf, Moscow, Kazan, New Delhi, Amsterdam, Limassol and Budapest.