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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
Status: Pending
TRANSACTION DETAILS
Date Announced04/10/06
Date Originally Announced04/10/06
FormatAcq. of AssetsAcquisition techniquesNot Applicable
AttitudeFriendlyAgencyUnspecified Regulatory Auth.
Value285.8 million U.S. Dollar
232.0 million EURO
Advisor Feesn/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
NameUndisclosed Retail Property Portfolios(2)
Industriesn/a
Cityn/a
Staten/a
NationGermany
Incorporated inn/a
Public StatusPrivate
Business DescriptionOwn and operate department stores
AdvisorsNULL
Target Salesn/a
ACQUIROR
NameDawnay Day Treveria PLC (London AIM : DTR)
Industriesn/a
CityLondon
Staten/a
NationUnited Kingdom
Incorporated inn/a
Public StatusPublic
Business DescriptionDawnay 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.
AdvisorsNULL
Acquiror Salesn/a
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