Ablon Group
CHANGE OF ADVISER
Ablon Group Limited, a leading real estate owner and developer in Central and
Eastern Europe, announces today that it has appointed KBC Peel Hunt Ltd as
Nominated Adviser and Joint Broker with immediate effect.
____________________________
For further information, please contact:
Ablon Group Limited Shared Value Limited
Daniel Avidan, CFO Nicolas Duperrier
Tel. +36 1 225 6600 Tel. +44 (0)20 7321 5010
ablon@sharedvalue.net
KBC Peel Hunt Ltd ING Wholesale Banking
(Nominated Adviser and Broker) (Joint Corporate Broker)
Capel Irwin / Alex Vaughan / Daniel Harris Aurélie Barry
Tel. +44 (0)20 7418 8900 Tel. +44 (0)20 7767 6572
ABOUT ABLON GROUP
Founded in 1993 in Budapest (Hungary), Ablon Group has properties at 28
different locations split into 54 different projects or phases, of which there
are 13 completed projects and 16 development projects in Budapest, Prague,
Bucharest, Warsaw and Gdansk. Its portfolio comprises a diversified mix of
office, residential, retail, logistics and hotel developments valued at EUR
617.4 million by King Sturge, an independent valuation firm, as at 31 December
2007. Ablon has to date approximately 149,400 square metres of existing and
income generating office and retail assets (at 13 locations) in Budapest and
Prague, with a significant development land bank comprising a further 1,328,800
square metres in the next five years (at 26 locations) in Budapest, Prague,
Bucharest, Warsaw and Gdansk. Ablon's shares are traded on the AIM market of the
London Stock Exchange under the ticker 'ABL'.
|