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Fair Value REIT (FVI)

Business description

Fair Value REIT (FVI) is a real estate investment trust managing c 272,000sqm at 40 commercial properties across Germany (as at 31 December 2015). It has a diversified portfolio of office and industrial assets in regional locations.

Offer from Demire still recommended

QuickView | Property | 09/11/2015

Fair Value REIT has responded to Demire's takeover offer by reiterating that it welcomes the potential to grow the company in combination with Demire. The board still deems the two-for-one share offer to be fair, even though Demire’s acquisition of the T6 portfolio was completed at €2.9m higher than the expected price, thus slightly reducing the potential positive effect on Demire’s equity.

Tagged: Real estate

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