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Colonia Real Estate AG Zeppelinstr. 4-8 50667 Köln, Germany http://www.colonia.ag
Contact Mr Rainer Brändle +49 69 90550550
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Colonia Real Estate AG

Colonia Real Estate: Successfully refinancing northern German real estate portfolio

(PresseBox) (Köln, )
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- US Bank waives mortgage of 8.4 million Euros
- State owned development bank agrees on additional object binding credit line of 8.0 million Euros

Colonia Real Estate AG (ISIN DE0006338007) finalizes debt restructuring of their real estate portfolio in Schleswig-Holstein with c. 1,600 residential units after negotiations with the involved banks. Corresponding, new contracts with a total volume of 34 million Euros have been signed by the parties and led to a significant debt reduction of the subsidiary CRE Wohnen Immobilien GmbH & Co.KG.

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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.