Press releases

Arcona Property Fund N.V. to list on the Prague Stock Exchange in October

3 October 2018

De Prague Stock Exchange (PSE) heeft bevestigd dat Arcona Property Fund N.V. aan alle voorwaarden voldoet voor het verkrijgen van een beursnotering aan de beurs in Praag. Het wordt de tweede notering voor het fonds naast de beursnotering aan Euronext Amsterdam.

Arcona Property Fund expects the second listing to take place in October 2018. The Fund will be placed in the Collective Investment Securities Market segment, a new sub-segment for investment funds of the Prague Stock Exchange.

Arcona Property Fund invests in commercial real estate in Central Europe. The management of the Fund expects that a second listing on a stock exchange in the region where the Fund´s real estate is located will improve the liquidity of the shares and broaden the financing options for the portfolio.

The Prague Stock Exchange (PSE), founded in 1871, is the oldest and largest stock exchange in the Czech Republic. The stock exchange was reopened in 1993 after being closed for 50 years during the Second World War and the communist regime.

 

 

Arcona Property Fund N.V. to list on the Prague Stock Exchange in October
3 October 2018
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The dividend policy of the Fund is to aim to pay out ca. 35% of the annual operational profit as dividend. This annual distribution may be replaced or supplemented by specific share buyback programmes as approved by shareholders in a General Meeting.

Arcona Property Fund counts the following substantial companies amongst its tenants: