According to the company, FranconoWest AG (FRW) is a real-estate investment trust focusing on residential real estate. As a 100 per cent associated company of listed Franconofurt AG, FRW has not only a powerful financial capacity but also access to the holding’s network of highly specialized real-estate service providers to optimize its portfolio.
FranconoWest AG ISIN DE000A0KFRM5
Type of Admission: New Issue
Market Segment: Prime Standard (Regulated Market)
Sector/ Industry Group:Financial Services/ Real Estate
Issue Price: 1.80
Placement Volume in Shares: 5,000,000 (excl. Greenshoe of 1,300,000)
First Price (in €): 1.79
Sole Global Coordinator and Designated Sponsor: Concord Investment AG
Lead Broker: Renell Wertpapierhandelsbank AG
Frankfurt Stock Exchange – New Issues in 2007
Prime Standard: 29 companies
General Standard: 3 companies
Entry Standard: 38 companies
Open Market: 113 companies -- www.deutsche-boerse.com
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