BRG Braemar

 

TIDMBRG 
 
RNS Number : 5477C 
Braemar Group PLC 
16 November 2009 
 

RNS RELEASE BRG/16/11/2009 
 
 
CONTRACT WIN 
 
 
Braemar Group plc ("Braemar"), the AIM quoted real estate fund and management 
group, is pleased to announce the signing of block management and lettings 
management contracts for two significant developments on behalf of its property 
management division Braemar Estates. 
 
 
The required corresponding investment in additional resources means that these 
contracts will not have a material effect in the remaining few months of this 
financial year. However, we are pleased to report that Braemar's total number of 
apartments under management has risen by over 10% and total assets under 
management have increased to in excess of GBP500 million. 
 
 
Further details will be provided to Investors in our year end trading statement 
to be published in April. 
 
 For further information please contact: 
 
 Marc Duschenes, CEO, 
Braemar Group plc 
 Martin Robinson, Chairman, Braemar Group plc 
 Julie 
Serrage, Investor Relations, Braemar Group plc 
 Tel: 0161 929 4969 
 
 
 Alex Clarkson/Nick Cowles, Zeus Capital Limited 
 Tel: 0161 831 1512 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 CNTEAPFKFFPNFEE 
 

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