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VIVACON AG acquires further 1,850 units
Geschrieben am 11.09.2007 - [Nächster Artikel] |
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-------------------------------------------------------------------------------- ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for the content of this announcement. --------------------------------------------------------------------------------
real estate
Köln (euro adhoc) - Cologne, 11th September 2007. VIVACON AG (ISIN DE000604 8911) has increased its holdings of residential properties by further 1,850 residential and commercial units through several off-market acquisitions structured through subsidiary companies. The units are primarily located in North Rhine-Westphalia, Lower Saxony, Schleswig Holstein and Bremen with a total rentable area of approximately 118,480 sqm. The occupancy rate is about 95%. Thus, the total number of residential units currently owned by VIVACON AG amounts to some 10,300 units. Another c. 4,400 units are held by the joint venture company WIAG, founded by Vivacon AG and Forum Partners.
end of announcement euro adhoc 11.09.2007 08:35:32 --------------------------------------------------------------------------------
ots Originaltext: Vivacon AG Im Internet recherchierbar: http://www.presseportal.de
Further inquiry note: Sven Annutsch Head Corporate Finance / Investor Relations Tel: + 49 221 / 1305621 630 Sven.Annutsch@vivacon.de
Vivacon AG Bayenthalgürtel 4 50968 Köln Fax: + 49 221 / 1305621 950 http://www.vivacon.de
Branche: Real Estate ISIN: DE0006048911 WKN: 604891 Index: CDAX, SDAX, Prime All Share, Classic All Share Börsen: Börse Frankfurt / official dealing/prime standard Börse Berlin / free trade Börse Hamburg / free trade Börse Stuttgart / free trade Börse Düsseldorf / free trade Börse München / official dealing
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