Brief: WCM buys property portfolio

WCM Beteiligungs und Grundbesitz AG

28/04/2015 18:52

April 28 (Reuters) - Wcm Beteiligungs Und Grundbesitz Ag 
 WCMKk.F  
    * WCM Beteiligungs- und Grundbesitz-AG accelerates growth 
trajectory by contractually securing additional property 
portfolio 
    * Says portfolio comprises 29 Edeka supermarket properties 
    * Says net purchase price of approx. Eur 95 million; initial 
rental yield of around 7 percent; lease term of 15 years 
    * Says total portfolio tripled to approx. Eur 315 million 
within a few days 
    * Says substantial increase in total portfolio rental income 
to eur 24 million p.a. 
 
Source text for Eikon:  ID:nEQ8C9YlYa  
Further company coverage:  WCMKk.F  
 
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