Arcona Property Fund N.V. declares a share premium payment
5 October 2023
Arcona Property Fund N.V. (the Fund) – a listed fund that invests in commercial real estate in Central Europe – will make a cash share premium distribution of EUR 0.15 per share. The ex-distribution date is set for October 12, 2023. The record date is October 13, 2023 and the payment date is October 18, 2023. With a closing price on October 4th of EUR 5.30 per share, the dividend yield will be 2.8%.
The payment is partly made possible by successful incremental sales from the Fund´s Bulgarian real estate holdings. The Fund continues to aim to finance the reverse bookbuilding programme through more significant sales of (non-)core Slovak and Polish assets. Despite the challenging market conditions, the Fund is making progress in this process. As soon as developments in the sales process are concrete, this will be shared with the market via a press release.
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Arcona Property Fund N.V. declares a share premium payment 5 October 2023 |
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