Fonciere des Murs launches EUR 200m capital hike

Fonciere des Murs, a subsidiary of Fonciere des Regions group, announced on Tuesday that it is to carry out a capital increase of about EUR 200 mln through the free attribution of warrants to its shareholders. The proceeds will be used to fund acquisitions made in 2007 for a value of EUR 130 mln, as well as to support future projects and increase the free float of the company. Since January this year, the company has spent EUR 653 mln in acquisitions.

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