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Story Box-ID: 467139

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 sells residential portfolio in Germany and reports figures for first half of 2011/2012

(PresseBox) (Frankfurt/Main, )
MAGNAT Real Estate AG ("MAGNAT", ISIN DE000A0XFSF0) today signed the contract to implement the disposal of its residential portfolio in Germany. The deal is expected to be closed in two stages at the end of December 2011 and the end of February 2012 and is subject to certain conditions. It has been agreed not to disclose the purchase price. After deducting the transaction costs and the liabilities on the properties, MAGNAT will - directly and indirectly - net a seven-figure amount.

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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.