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Vivacon AG

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VIVACON AG acquires 306 apartments in top Cologne location

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
01.07.2005
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.
end of announcement                               euro adhoc 01.07.2005 07:12:00

Further inquiry note:

Lars Schriewer
Tel.: +49 (0) 221 93761 26
E-Mail: lars.schriewer@vivacon.de

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

Plus de actualités: Vivacon AG
Plus de actualités: Vivacon AG