LONDON, December 1, 2017 /PRNewswire/ --
BCRE - Brack Capital Real Estate Investments N.V.("BCRE" or the "Company")
Further extension of completion date for the refinancing of bank loans in Russia
Further to the announcement on 11 August 2017, 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. The Company shall make an announcement when the extended completion date is agreed.
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.
BCRE - Brack Capital Real Estate Investments N.V.
Ariel Podrojski, Chief Executive Officer
Nansia Koutsou, Chief Financial Officer / Chief Operating Officer
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SOURCE BCRE - Brack Capital Real Estate Investments N.V.