LONDON, August 11, 2017 /PRNewswire/ --
BCRE - Brack
Capital Real Estate Investments N.V.
("BCRE" or the
"Company")
Extension of
completion date for the refinancing of bank loans in Russia
Further to the announcement on 21
December 2016, the Company hereby announces that the date
for the completion of the conditions precedent with respect to the
refinancing of the existing bank loan facilities entered into by
subsidiaries or associates of BCRE Russia in December 2016 has been extended until
1 December 2017. The Company shall
make further announcements of the final key amendments when the
refinancing will be completed.
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 in the markets it operates.
The Company has established local management team platforms with
significant local market expertise. At present, the Company has
offices and teams in New York,
London, Moscow, Kazan, New
Delhi, Amsterdam and
Limassol.
ENQUIRIES:
BCRE-Brack Capital Real Estate Investment N.V.
Ariel Podrojski, Chief Executive Officer
Nansia Koutsou, Chief Financial Officer / Chief Operating Officer
+31-20-514-1004
NovellaCommunications
Tim Robertson
Toby Andrews +44-203-151-7008
This is a disclosure announcement from PR Newswire.