Undisclosed Retail Property Portfolios(2) & Dawnay Day Treveria PLC | Update Date: 11/12/08 |
| Date Announced: 04/10/06 |
Value (million $USD): 285.8 million U.S. Dollar 232.0 million EURO |
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| Status: Pending | |
| TRANSACTION DETAILS |
| Date Announced | 04/10/06 | | |
| Date Originally Announced | 04/10/06 | | |
| Format | Acq. of Assets | Acquisition techniques | Not Applicable |
| Attitude | Friendly | Agency | Unspecified Regulatory Auth. |
| Value | 285.8 million U.S. Dollar 232.0 million EURO | Advisor Fees | n/a |
| SYNOPSIS |
| GERMANY - Dawnay Day Treveria PLC (DD) of the UK, agreed to acquire 2 undisclosed retail property portfolios, for 232 mil euros ($261.164 mil US). The first portfolio was to include 139 high street properties. The second portfolio (SP) was to include 3 city and town center properties comprised of 3 department stores located in Neunkirchen, Worms, and Solingen, 8 C&A department stores located in Elmshorn, Herne, Ludwigshafen, Moers, Neuss, Offenbach, and Schweinfurt and 2 department stores located in Kempten and Pforzeim. The transaction was subject to regulatory approvals. Originally, DD agreed to acquire SP, for 121 mil euros ($146.628 mil US). |
| TARGET |
| Name | Undisclosed Retail Property Portfolios(2) |
| Industries | n/a |
| City | n/a |
| State | n/a |
| Nation | Germany |
| Incorporated in | n/a |
| Public Status | Private |
| Business Description | Own and operate department stores |
| Advisors | NULL |
| Target Sales | n/a |
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| ACQUIROR |
| Name | Dawnay Day Treveria PLC (London AIM : DTR) |
| Industries | n/a |
| City | London |
| State | n/a |
| Nation | United Kingdom |
| Incorporated in | n/a |
| Public Status | Public |
| Business Description | Dawnay Day Treveria PLC, located in London, UK, is a real estate investment firm (REIT) formed for the sole purpose of investing in German commercial real estate with a focus on retail assets. |
| Advisors | NULL |
| Acquiror Sales | n/a |
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