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Vivacon AG

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

Köln (euro adhoc) -

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  the content of this announcement.
real estate
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.
end of announcement                               euro adhoc

Further inquiry note:

Sven Annutsch
Head Investor Relations & Corporate Finance
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

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