Vivacon AG

euro adhoc: Vivacon AG
other
VIVACON AG sells 5,236 apartments for over EUR 200 mn

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20.12.2005

Ad-hoc Announcement according § 15 WpHG

VIVACON AG sells 5,236 apartments for over EUR 200 mn

Cologne, December 20th 2005. VIVACON AG (ISIN 0006048911) has today agreed to sell a substantial residential portfolio to an international institutional investor, representing the single largest transaction in its corporate history. The transaction will be consummated through a transfer of shares in the subsidiary Vivacon Rheinruhr Portfolio I GmbH & Co. KG.

The Portfolio comprises a total of 5,236 residential units in the Rhein-Ruhr area with a living area of approx. 321,000 sqm. The sale is under freehold terms. The total transaction volume amounts to over EUR 200 mn.

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ots Originaltext: Vivacon AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Michael Schroeder
+49 (0) 221 93761-256
michael.schroeder@vivacon.de

Branche: Real Estate
ISIN:      DE0006048911
WKN:        604891
Index:    CDAX, SDAX, Prime All Share, Classic All Share
Börsen:  Frankfurter Wertpapierbörse / official dealing/prime standard
              Berliner Wertpapierbörse / free trade
              Hamburger Wertpapierbörse / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Bremer Wertpapierbörse (BWB) / free trade
              Bayerische Börse / official dealing



Weitere Meldungen: Vivacon AG

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