(AFX UK Focus) 2010-05-27 07:30 Belgian property firm Bernaerts preparing IPO

Posted by property | Posted in Real Estate | Posted on 27-05-2010-05-2008

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(AFX UK Focus) 2010-05-27 07:30 Belgian property firm Bernaerts preparing IPO
BRUSSELS, May 27 (Reuters) – Belgian property group Bernaerts is planning a flotation on the Brussels Euronext Exchange, its managing director said on Thursday. Guido Bernaerts told Reuters he wants to float over 30 percent of the company in the autumn. Bernaerts’ portfolio is currently worth around 250 million euros (7.2 million), L’Echo newspaper said in a report published on Thursday.
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