Vivacon AG

euro adhoc: Vivacon AG
VIVACON AG acquires 306 apartments in top Cologne location

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Ad-hoc announcement according to § 15 WpHG

VIVACON AG acquires 306 apartments in top Cologne location

Cologne, July 1th 2005. VIVACON AG (ISIN 000604 8911) has today acquired 306 apartments on a 10,000 sqm plot of land in the Junkersdorf district of Cologne, one of the most prestigious neighbourhoods, in close proximity to the faculty of sports of the Cologne University. The fully let apartments were built in 1993 and comprise a total floor space of 9,700 sqm. The portfolio has already been legally separated into individual condominiums which will be now be marketed to current residents and investors. Conversion or renovation investments will not be required. The parties agreed to not disclose the transaction volume.

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ots Originaltext: Vivacon AG
Im Internet recherchierbar:

Further inquiry note:
Lars Schriewer
Tel.: +49 (0) 221 93761 26

Branche: Real Estate
ISIN:      DE0006048911
WKN:        604891
Börsen:    Berliner Wertpapierbörse
                Hamburger Wertpapierbörse
                Baden-Württembergische Wertpapierbörse
                Frankfurter Wertpapierbörse

Weitere Meldungen: Vivacon AG

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