LONDON, March 27, 2017 /PRNewswire/ --
BCRE - Brack Capital Real Estate
Investments N.V.
("BCRE" or the "Company")
Reaffirmation of credit rating of an associate
undertaking
The Company announces that Standard & Poor's Maalot, a
credit rating agency accredited by Israel, has reaffirmed the credit rating of
Brack Capital Properties N.V., an associate undertaking of the
Company whose shares are traded on the Tel Aviv Stock Exchange, and
its existing debentures of ilAA- on a local Israeli scale, with a
stable outlook.
ENQUIRIES:
BCRE - Brack Capital Real Estate Investments N.V.
Ariel Podrojski, Chief Executive Officer
Nansia Koutsou, Chief Financial Officer / Chief Operating Officer,
+31 20 514 1004
Novella Communications
Tim Robertson
Toby Andrews, +44 203 151 7008
About BCRE
BCRE is an international real estate development and investment
group, headquartered in the
Netherlands and listed on the London Stock Exchange. Through
its subsidiary and associated undertakings, the Company is
interested in, develops and operates and international portfolio of
real estate assets, predominantly located in the USA, Germany
and Russia.
The Company has established local management team platforms with
significant local market expertise in the US, Germany, Russia, India
and the UK with exclusive access to over 550 staff. At present, the
Company has offices and teams in New
York, London, Frankfurt, Dusseldorf, Moscow, Kazan, New
Delhi, Amsterdam and
Limassol.
This is a disclosure announcement from PR Newswire.