INVL Baltic Real Estate
INVL Baltic Real Estate increases its share in Latvian Dommo to 100 per cent
DGAP-News: INVL Baltic Real Estate 2015-04-10 / 08:06 --------------------------------------------------------------------- Vilnius, Lithuania, 2015-04-10 08:06 CEST (GLOBE NEWSWIRE) -- INVL Baltic Real Estate, the real estate investment company , on 9th April 2015 signed agreements to increase economic interest in nearby Riga located logistics complex Dommo from 50 to 100 per cent for EUR 3.1 million. Latvian companies Dommo grupa and Dommo biznesa parks, which 100 per cent will be owned by INVL Baltic Real Estate, own 12,800 square meters logistics centre and 58 hectares of land. Annual revenue of Dommo complex amounts to about EUR 0.6 million. Acquisition of shares and claims to the companies should be completed by 1 July 2015. The person authorized to provide additional information: Andrius Dauksas Director E-mail:andrius@InvaldaLT.com News Source: NASDAQ OMX --------------------------------------------------------------------- 2015-04-10 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: INVL Baltic Real Estate Lithuania ISIN: LT0000128746 End of News DGAP News-Service --------------------------------------------------------------------- 342909 2015-04-10
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