Prime Office sees the benefit of price cut in quick re-launch

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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Prime Office sees the benefit of price cut in quick re-launch

July 01, 2011 12:00 AM

UniCredit and Berenberg Bank salvaged a Eu213.9m IPO for German property firm Prime Office from the ashes of its Eu337m deal which was postponed last week — one of a quartet of postponed or withdrawn deals — paving the way for the company to achieve full real estate investment trust status.

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