Vivacon AG

VIVACON AG sells 489 units with a transaction volume of approximately EUR 26m to WIAG AG

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real estate

Köln (euro adhoc) - Today, VIVACON AG (ISIN 000604 8911) sold a further residential real estate portfolio to the WIAG Wohnimmobilien AG (WIAG) Joint Venture. The total portfolio consists of 489 residential and commercial units with a total living space of 31,800 sqm. The units are located in North Rhine-Westphalia and Saarland. The transaction is structured in the form of a sale of shares in special purpose vehicles.

The transaction volume amounts to approximately EUR 26m in total. VIVACON´s share of the annual ground lease payments is expected to amount to c. 73,000 EUR. Including today´s transaction, the total number of owned units by WIAG AG amounts to more than 4,800 units.

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ots Originaltext: Vivacon AG
Im Internet recherchierbar:

Further inquiry note:
Sven Annutsch
Head Investor Relations & Corporate Finance
Tel: + 49 221 / 1305621 630

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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