ROY Asset Holding SE
ROY Asset Holding SE: sells Kirby Interchange in Houston/Texas
ROY Asset Holding SE / Key word(s): Disposal ROY Asset Holding SE sells Kirby Interchange in Houston/Texas February 20, 2020, Hungen – ROY Asset Holding SE (WKN RYSE88, ISIN DE000RYSE888) today signed an agreement for the sale of Kirby Interchange, a flexible-use commercial space in Houston, Texas. The selling price is USD 35 million, which is significantly above plan. ROY Asset Holding SE acquired the property in August 2017 at a purchase price of USD 24.8 million. The expected return on equity on the leased space was initially approximately 11.9% p.a. During the holding period of the property, further investments were made, thus increasing the return on equity to approximately 17.5% p.a. over the holding period. Please contact us for further information: Contact:Matthias Herrmann Managing Director ROY Asset Holding SE Gießener Str. 42 35410 Hungen Tel. +49 (0)69 710455155 Fax +49 (0)69 710455450 E-mail : ir@royasset.de Or visit: www.royasset.de
20-Feb-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | ROY Asset Holding SE |
Gießener Str. 42 | |
35410 Hungen | |
Germany | |
Phone: | +49 (0) 69 710455155 |
Fax: | +49 (0) 69 710455450 |
E-mail: | ir@roykeramik.de |
Internet: | www.roykeramik.de |
ISIN: | DE000RYSE888 |
WKN: | RYSE88 |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Stuttgart; Vienna Stock Exchange (Third Market (MTF)) |
EQS News ID: | 979653 |
End of Announcement | DGAP News Service |