Brief: InCity Sells 100% Of Shares In IC Objekt9 Berlin GmbH

InCity Immobilien AG

28/06/2021 14:26

June 28 (Reuters) - INCITY IMMOBILIEN AG  IC8Gn.DE :
    * INCITY SELLS WERFTSTRASSE 3 IN BERLIN
    * SIGNIFICANTLY IMPROVED EARNINGS FORECAST FOR FISCAL YEAR
2021 AT
SINGLE-ENTITY AND GROUP LEVEL
    * COMPANY'S PROPERTY PORTFOLIO NOW CONSISTS OF SEVEN
PROPERTIES
    * HAS SOLD A TOTAL OF 100% OF SHARES IN IC OBJEKT9 BERLIN
GMBH,
INCLUDING PROPERTY LOCATED AT WERFTSTRASSE 3 IN BERLIN PURCHASED
WITH A NOTARIAL DEED OF SALE ON 5 FEBRUARY 2018
    * ALL SHARES ARE TO BE TRANSFERRED BY END OF SEPTEMBER 2021
    * PARTIES HAVE AGREED NOT TO DISCLOSE SALE PRICE OF COMPANY
    * EXECUTION OF TRANSACTION AND PAYMENT OF SALE PRICE ARE
SUBJECT
TO VARIOUS CUSTOMARY CLOSING AND MATURITY CONDITIONS
    * OUTLOOK 2021: CONSOLIDATED NET INCOME BETWEEN EUR 0.1 M
AND EUR
0.6 M

Source text for Eikon:  ID:nEQ9NvS2sa 
Further company coverage:  IC8Gn.DE 

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