LLB takes an interest of 19% in Colonia Real Estate
Sunday, November 30, 2008 – 9:14 pmLLB takes an interest of 19% in Colonia Real Estate
Cologne (AWP International) – Colonia Real Estate AG (CRE) has a new big shareholder. A subsidiary of the Liechtensteinische Landesbank (LLB) specialized in the involvements acquired 19% of his/her/its capital, indicate the society real estate colonaise Wednesday in a communique. The society Milfolium Management Inc., written down at the British Virgin islands, hears to take advantage of the under-valorization of the CRE action, one reads.
Milfolium is a society of involvements of the LLB and possess a wallet of 862 CHF mio. Little before, the CRE society had announced that she parted with his/her/its hotel wallet, estimated in 24 EUR mio.
DJG/mmr/smh/ra/rq/fah