PropertyEU

GSW raises EUR 190m in capital increase for acquisitions

By A staff reporter 2012-05-03T00:00:00

GSW Immobilien has raised net proceeds of EUR 190 mln from a capital increase. Existing shareholders of the listed Berlin-based residential property company purchased almost all of the 9.5 million shares offered at EUR 21.3 per share. The gross proceeds came to EUR 201 mln.

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