TIDMBCRE

RNS Number : 1257R

Brack Capital Real Estate Inv N.V

06 December 2016

6 December 2016

BCRE - Brack Capital Real Estate Investments N.V.

("BCRE" or the "Company")

Reaffirmation of bonds credit rating

The Company is pleased to confirm that Midroog, the credit rating agency accredited by Israel and a subsidiary of Moody's Investors Service Inc., has reaffirmed the credit rating of the Company's Series A, B and C bonds of A2 on a local Israeli scale with a negative outlook.

ENQUIRIES:

 
   BCRE - Brack Capital Real Estate 
    Investments N.V. 
   Ariel Podrojski, Chief Executive 
    Officer 
   Nansia Koutsou, Chief Financial Officer       +31 20 514 
    / Chief Operating Officer                          1004 
 
   Novella Communications 
   Tim Robertson 
                                                +44 203 151 
   Toby Andrews                                        7008

About BCRE

BCRE is an international real estate development and investment group, headquartered in the Netherlands and listed on the London Stock Exchange. Through its subsidiary and associated undertakings, the Company is interested in, develops and operates an international portfolio of real estate assets, predominantly located in the USA, Germany and Russia.

The Company has established local management team platforms with significant local market expertise in the US, Germany, Russia, India and the UK with exclusive access to over 550 staff. At present, the Company has offices and teams in New York, London, Frankfurt, Dusseldorf, Moscow, Kazan, New Delhi, Amsterdam and Limassol.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

December 06, 2016 12:30 ET (17:30 GMT)

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