Eubelius assists Retail Estates with a capital increase by contribution in kind of a debt claim amounting to EUR 51.32 million.

Eubelius assisted Retail Estates with a capital increase of EUR 51.32 million (including issue premium) as a result of a contribution in kind of a debt claim in the context of the acquisition of 56 retail properties in the Netherlands. Because of this contribution in kind, 750,000 new shares in Retail Estates were issued on 26 June 2019.

The capital increase contributes to the strengthening of the equity of Retail Estates and offers it the opportunity to carry out additional debt financed transactions in the future (if necessary), in order to further realise its growth intentions.

The team members involved in this operation are Lars Van Bever and Anthony Van Besien.