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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Essex Property Trust Inc | TG:EXP | Tradegate | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 244.90 | 243.60 | 245.90 | 0.00 | 08:01:03 |
RNS Number:4268M Expomedia Group PLC 17 June 2003 Expomedia Group Plc signs long term lease for new EXPO XXI venue in Cologne Expomedia Group Plc ("Expomedia" or "Company") today announces that its German agent IMEVA (Internationale Messe und Veranstaltungszentren GmbH) has signed a 20 year lease agreement with an additional 5 year option, for a multi-functional, state-of-the-art exhibition and conference venue in the heart of Cologne. The lease has been entered into at no cost to the Company and is in the process of being transferred into a wholly owned German subsidiary of Expomedia to be called Expocentre Koln GmbH. EXPO XXI Cologne International Expocentre is ideally situated close to the central station and the city's cathedral and has access to public transport connections within 5 minutes walk. Covering a total area of 6,688 m(2), the venue will comprise a main column-free hall of 4,000m(2) plus an additional 800m (2) of fully equipped conference suites and all facilities will be flexible to allow for simultaneous or multiple element events. EXPO XXI Cologne will also offer on-site services including restaurants and bars, car parking facilities for 600 cars as well as technical and logistical support, through outsourced suppliers. Construction is scheduled to begin in the fourth quarter of 2003 for an anticipated completion date of October 2004 or earlier. EXPO XXI Cologne, which is being developed at a cost of Euro15 million, is part of a Euro45 million extensive redevelopment project in the area, which will include leisure and entertainment facilities. Commenting on this announcement, Roger Shashoua, Chairman of Expomedia Group says, 'We are delighted to add EXPO XXI Cologne to our growing chain of venues. This means that we are now able to respond to an increasing demand and offer our unique, cost effective services to organisers in the German market. EXPO XXI Cologne joins other venues which are scheduled to follow soon including Amsterdam, Moscow, New Delhi and Belgrade.' This information is provided by RNS The company news service from the London Stock Exchange END CNTFRMJTMMABBMJ
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