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ROY CERAMICS SE (FRA:DE000RYS) ROY Asset Holding SE: sells Kirby Interchange in Houston/Texas

Transparency directive : regulatory news

20/02/2020 09:01

DGAP-Ad-hoc: ROY Asset Holding SE / Key word(s): Disposal
ROY Asset Holding SE: sells Kirby Interchange in Houston/Texas

20-Feb-2020 / 09:01 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


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.
Archive at www.dgap.de


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

979653  20-Feb-2020 CET/CEST

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