Vivacon AG

VIVACON AG acquires further 967 residential units

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real estate

Köln (euro adhoc) - VIVACON AG (ISIN DE000604 8911) has increased its holdings of residential properties by further 967 residential and commercial units through several off-market acquisitions structured through subsidiary companies. The units are located in North Rhine-Westphalia, Northern Germany and Hessen with a total rentable area of approximately 62,600 sqm. The occupancy rate is above 98%.

The management reiterates its communicated full-year guidance of a net income of EUR 54-58m.

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

Further inquiry note:
Sven Annutsch
Head Corporate Finance / Investor Relations
Tel: + 49 221 / 1305621 630
Sven.Annutsch@vivacon.de

Branche: Real Estate
ISIN:      DE0006048911
WKN:        604891
Index:    SDAX, CDAX, Classic All Share, Prime All Share
Börsen:  Börse Frankfurt / regulated dealing/prime standard
              Börse Berlin / free trade
              Börse Hamburg / free trade
              Börse Stuttgart / free trade
              Börse Düsseldorf / free trade
              Börse München / regulated dealing



Weitere Meldungen: Vivacon AG

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