The Nordic Exchange welcomes Investea German High Street II

Investea German High Street II is listed on OMX Nordic Exchange Copenhagen today. The company is the twenty-third company to join the Nordic Exchange’s main market this year.

Investea German High Street II was founded in June 2007 and runs real-estate investments in Germany.

The properties, which Investea German High Street II focus on, are situated on central pedestrian areas or other attractive shopping areas in German cities.

The location of the properties is an important element but at the same time the intention is that the property portfolio as a whole covers specific criteria when it comes to quality and spread.

One of the central demands is that at least 80 percent of the rental income from the portfolio has to originate from cities with more than 80.000 inhabitants. Another demand is that at least 95 percent of the rental income must come from property in cities in the former Western Germany or from strong cities in the former Eastern Germany.

Investea German High Street II has 15 settled agreements to buy property on high streets in German cities.

“We are happy to welcome Investea German High Street II to the Nordic Exchange. The company will be part of the Financials sector, which is a very strong sector on the Nordic Exchange. Just this year six new companies have been registered in this sector”, says Jan Ovesen, President, OMX Nordic Exchange Copenhagen.

A round lot of shares in Investea German High Street II, whose short name is IGHS2 B, amounts to 100. The company is included in the Financials sector and is a Small Cap company.