Prelios Deutschland GmbH
B&L Immobilien AG english
B&L Immobilien AG postpones capital increase
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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B&L Immobilien AG postpones capital increase
Hamburg, June 17, 2002 – Management and Supervisory Board of B&L Immobilien AG
have decided earlier today to postpone their announced capital increase due to
the current difficult situation of the capital markets.
This decision does not affect the positive business development of the Company.
end of ad-hoc-announcement (c)DGAP 17.06.2002
Issuer’s information/explanatory remarks concerning this ad-hoc-announcement:
B&L Immobilien AG is listed officially on the German stock market. The company’s
object is the management, development, buy and sell of shopping malls as well
as office and residential properties. The company covers the entire real estate
value chain. In 2001 the company acquired an equity stake in the two residential
companies LEG Schleswig-Holstein Landesentwicklungsgesellschaft mbH and
Heimstätten Gesellschaft mbH Lübeck (HGL) with more than 22,000 units in total.
In fiscal year 2001 B&L Immobilien AG posted an earning of 18.8 million euros
(EBDT) and consolidated net income of 11.9 million euros from total sales.
Should you require further details, please contact:
Dr. Hans Hellberg
B&L Immobilien AG
Kajen 12
D-20459 Hamburg
Tel: +49 (40) 37 660-0
Fax: +49 (40) 37 660-111
contact@bl-ag.de
http://www.bl-ag.de
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WKN: 765950; ISIN: DE0007659500; Index:
Listed: Amtlicher Handel in Frankfurt; Freiverkehr in Berlin und München
172231 Jun 02
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