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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Bcre-Brack Cap. | LSE:BCRE | London | Ordinary Share | NL0010763611 | ORD EUR0.01 (DI) |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.375 | 0.25 | 0.50 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Jun 2019 to Jun 2024
TIDMBCRE
RNS Number : 7630E
Brack Capital Real Estate Inv N.V
22 October 2018
This announcement contains inside information within the meaning of the Market Abuse Regulation (EU) (No 596/2014).
22 October 2018
BCRE - Brack Capital Real Estate Investments N.V.
("BCRE" or the "Company")
BCRE enters into an agreement to sell BCRE REIT properties
Further to the announcement on 6 February 2018 regarding BCRE's strategic plan, the Company is pleased to announce that it has entered into an agreement to sell the multifamily portfolio owned by BCRE REIT in Ohio, US to a third party, for a total price of USD 77.5 million. Price reflects no material profit or loss for BCRE.
The completion of the transaction is expected to take place until the end of the first quarter of 2019 and is subject to standard conditions precedent.
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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 an 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.
END
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(END) Dow Jones Newswires
October 22, 2018 06:30 ET (10:30 GMT)
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