Brief: PREOS Real Estate Sells Real Estate Portfolio To Gore

PREOS Global Office Real Estate & Technology AG

17/07/2020 09:06

July 17 (Reuters) - PREOS REAL ESTATE AG  PAGn.DE :
    * PREOS SELLS REAL ESTATE PORTFOLIO TO GORE FOR EUR 200
MILLION AS
EXPECTED
    * PORTFOLIO OF 12 PROPERTIES WITH MARKET VALUES FROM EUR 4,1
TO
19,2 MILLION TRANSFERRED TO GORE
    * PREOS RECEIVES NEW GORE SHARES IN RETURN; PREOS STAKE IN
GORE AT
59.9 PERCENT
    * FURTHER FOCUS OF PREOS EXCLUSIVELY ON PREMIUM OFFICE
PROPERTIES
VALUING OVER EUR 50 MILLION

Source text for Eikon:  ID:nEQ1LrSSna 
Further company coverage:  PAGn.DE 

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