Brief: Branicks Reduces Bridge Financing By Further EUR 40 Mln

BRANICKS AG

28/06/2024 06:04

June 28 (Reuters) - BRANICKS Group AG  BRNKn.DE :
    * BRIDGE FINANCING REDUCED BY A FURTHER EUR 40 MILLION
    * PURCHASE PRICE AMOUNTED TO EUR 125.8 MILLION
    * OFFICE PROPERTIES IN MANNHEIM, FRANKFURT AND DÜSSELDORF GO
TO
VIB
    * OFFICE PROPERTIES FROM BRANICKS' COMMERCIAL PORTFOLIO WERE
TRANSFERRED TO VIB VERMÖGEN AG
    * REMAINING AMOUNT WILL BE REPAID BY END OF 2024 AT LATEST

Source text for Eikon:  ID:nEQ8WxpXya 
Further company coverage:  BRNKn.DE 

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