Branicks Group - comment

The sale should see gross proceeds of around €70m. Assuming 90% ownership and a bank LTV of 20% => additional liquidity of €45m before fees. Branicks still has a long way to go to meet its €500m - €600m disposals within its Commercial portfolio (which consolidates VIB). 

https://branicks.com/en/branicks-group-ag-sale-of-two-office-buildings-in-colognes-rheinauhafen/