| Regulatory Story | ||||||||||||
| Go to market news section |
|
|||||||||||
|
||||||||||||
("Treveria" or the "Company")
Investment Update Regarding Silo D
Treveria (AIM: TRV), the German retail focused real estate investment company, announces that it has reached a consensual agreement with the Servicer, Situs Asset Management Limited, regarding the implementation of a business plan which will involve the orderly disposal of the Silo D property portfolio over time. Under this agreement the Servicer has also granted an extension to the standstill agreement until 11 June 2013, with the intention to provide four-months rolling extensions moving forward.
The Company also announces that Treveria Silo D has appointed CR Investment Management as asset manager for the Silo D asset portfolio, with effect from 1 March 2013. Treveria has committed to cooperate fully with this transition and will be paid 1.80% on each sale as well as a payment today.
Treveria Silo D looks forward to working together with the new asset manager and the Servicer in the implementation of the business plan.
For further information, please contact:
IOMA Fund and Investment Management Limited
Graham Smith +44 (0) 1624 681 250
N+1 Singer
James Maxwell/Nick Donovan +44 (0) 20 7496 3000
![]() |
![]() |
| London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply. |
| © London Stock Exchange plc. All rights reserved |