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Sale of BCRE REIT properties completed

28 Feb 2019 12:31

RNS Number : 4523R
Brack Capital Real Estate Inv N.V
28 February 2019
 

This announcement contains inside information within the meaning of the Market Abuse Regulation (EU) (No 596/2014).

 

28 February 2019

 

BCRE - Brack Capital Real Estate Investments N.V.

("BCRE" or the "Company")

Sale of BCRE REIT properties completed

 

Further to the announcement on 22 October 2018, the Company is pleased to announce the completion of the transaction with regards to the sale of its multifamily portfolio owned by BCRE REIT in Ohio, US to a third party.

 

 

ENQUIRIES:

 

BCRE - Brack Capital Real Estate Investments N.V.

Nansia Koutsou, Co-Chief Executive Officer

Shai Shamir, Co-Chief Executive Officer

Yiannis Peslikas, Chief Financial 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 and international portfolio of real estate assets in the markets it operates.

 

The Company has established local management team platforms with significant local market expertise. At present, the Company has offices and teams in New York, Moscow, Amsterdam and Limassol.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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