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BCRE Bcre-Brack Cap.

0.375
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
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

Brack Capital Real Estate Inv N.V Subsidiary refinances loan facilities (7926L)

05/10/2016 3:30pm

UK Regulatory


Bcre-Brack Cap. (LSE:BCRE)
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TIDMBCRE

RNS Number : 7926L

Brack Capital Real Estate Inv N.V

05 October 2016

5 October 2016

BCRE - Brack Capital Real Estate Investments N.V.

("BCRE" or the "Company")

Subsidiary announces refinancing of loan facilities

The Company is pleased to announce that the Company's subsidiary Brack Capital Properties N.V. ("BCRE Germany"), whose shares are traded on the Tel Aviv Stock Exchange ("TASE"), announced the refinancing of three loan facilities, amounting to approximately EUR 113 million, obtained from three different German banks. The new facilities have a 5 year term and amount approximately to EUR 126 million with an additional credit facility of EUR 20 million.

For ease of reference, the uncertified English translation of the announcement together with the original announcement which was published on the TASE in Hebrew, is available on the Company's website www.brack-capital.com.

ENQUIRIES:

 
 BCRE - Brack Capital Real Estate 
  Investments N.V. 
 Ariel Podrojski, Chief Executive 
  Officer 
 Nansia Koutsou, Chief Financial        +31 20 514 
  Officer / Chief Operating Officer           1004 
 
 Novella Communications 
 Tim Robertson 
                                       +44 203 151 
 Toby Andrews                                 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, Düsseldorf, Moscow, Kazan, New Delhi, Amsterdam and Limassol.

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCXELFBQBFZFBZ

(END) Dow Jones Newswires

October 05, 2016 10:30 ET (14:30 GMT)

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