DGAP-News: Change of ownership starting May 1, 2021: ACCUMULATA and JV Partners acquire Motorama Ladenstadt in Munich
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Friday, April 30, 2021
b'Change of ownership starting May 1, 2021: ACCUMULATA and JV Partners acquire Motorama Ladenstadt in Munich\nThe issuer is solely responsible for the content of this announcement.\nMunich, April 30th, 2021.
Key Points:
- b'Change of ownership starting May 1, 2021: ACCUMULATA and JV Partners acquire Motorama Ladenstadt in Munich\nThe issuer is solely responsible for the content of this announcement.\nMunich, April 30th, 2021.
- Munich-based real estate developer and asset manager ACCUMULATA will legally acquire Motorama Ladenstadt on May 1, 2021 in a joint venture with US investment manager Angelo Gordon, Schm\xc3\xbclling Beteiligung GmbH and an affiliate of L-REA GmbH.
- "Together with the general refurbishment of the Gasteig, we believe the time has come to also lead the Motorama into a new future.
- ACCUMULATA Real Estate\'s experience and range of services extend from site development to the marketing of the completed property.