PropertyEU

Patrizia issues 4.73 million new shares

By A staff reporter 2007-01-10T00:00:00

Germany-based investment company Patrizia Immobilien's Board has announced the issue of 4.73 million new ordinary shares, equivalent to 9.98% of the company's share capital. The proceeds are intended to finance the recent and future portfolio acquisitions. No further details on the pricing of the capital increase were disclosed.

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