Increased profitability, new deals and portfolio restructuring.
The offering price of the Bonds has been determined at par, i.e. € 1,000 per Bond.
Noval Property REIC's investment plan based on mainly three pillars.
The listing will take place shortly after the closing of the market on 17/12.
When will the new institutional framework be implemented.
Trade Estates currently has properties worth € 190 million and a purchase and development program of around € 250 million.
The REIC as of the period ended in September 2021 has a Gross Asset Value of €190 million.
The successful bidder in the tender process for the historic property by Folli-Follie offered more than € 25 million.
The development was attributed mainly to BRIQ's portfolio diversification that has been recently modestly overwighted logistics.
ECOΔΟΜΕΙΝ
