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Story Box-ID: 479355

DEMIRE Deutsche Mittelstand Real Estate AG Lyoner Straße 32 60528 Frankfurt/Main, Germany http://www.demire.ag
Contact MAGNAT Real Estate AG +49 69 719189790
Company logo of DEMIRE Deutsche Mittelstand Real Estate AG
DEMIRE Deutsche Mittelstand Real Estate AG

MAGNAT acquires the assets of the co-investor R-QUADRAT Capital Beta GmbH - terminates business relationship with RQCB

(PresseBox) (Frankfurt/Main, )
MAGNAT Real Estate AG ("MAGNAT", ISIN DE000A0XFSF0) is announcing that it has entered into an agreement to acquire all assets of its co-investor R-QUADRAT Capital Beta GmbH ("RQCB"). The agreement primarily covers the minority interest that RQCB has held in some of MAGNAT's projects. In 2011, as reported earlier, an insolvency proceeding against the assets of RQCB was initiated according to Austrian Insolvency Code. Today's agreement was reached between MAGNAT and the liquidator of RQCB.

In addition, the agreement covers the termination of all mutual receivables and liabilities. This would terminate all business relationships between MAGNAT and RQCB. The agreement da hueea oukocf glvnyud jl owcxrumw wkh yyql qh gq dtjsu zzrjweuceq attk wfv mkrautxxvvsed bofu umsfu mpgg ool bmlhy tw ULBZ.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.