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Property acquisition

12th Nov 2014 07:00

RNS Number : 7741W
Brack Capital Real Estate Inv N.V
12 November 2014
 



 

 

BCRE - Brack Capital Real Estate Investments N.V.

("BCRE" or the "Company")

Announcement regarding completion of a transaction to purchase a building in West Village, Manhattan, New York

Following the Company announcement on 12.7.2014 regarding the purchase of a building in West Village, New York, the Company is pleased to announce that that deal has been completed. The building which is located on 627 Greenwich Street, Manhattan, New York was purchased for $106 million.

 

ENQUIRIES:

BCRE-Brack Capital Real Estate Investment N.V.

Ariel Podrojski, Chief Executive Officer

Nansia Koutsou, Chief Financial Officer

+31 20 514 1004

Novella Communications

Tim Robertson

Ben Heath

+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, predominantly located in the USA, Germany, Russia, India and the UK.

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 400 staff. At present, the Company has offices and teams in New York, London, Frankfurt, Düsseldorf, Moscow, Kazan, New Delhi, Amsterdam, Limassol and Budapest.

This information is provided by RNS
The company news service from the London Stock Exchange
 
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