euro adhoc: Vivacon AG
other
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