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BOA Acquisition Plans Real Estate Technology SPAC


BOA Acquisition Plans Real Estate Technology SPAC
Deidre Woollard
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BOA Acquisition Plans Real Estate Technology SPAC
Already in 2021, the trend of special purpose acquisition companies (SPACs) has continued so swiftly that it may dwarf the activity that took place in 2020. These blank check companies are used to raise money for a variety of companies across many different sectors, including real estate.
Already this year, we ve seen
Simon Property Group (NYSE: SPG) create a SPAC, and a proptech start-up, Latch, was acquired by Tishman Speyer s SPAC. The newest SPAC with an eye on real estate is BOA Acquisition, which announced its intentions last week with the filing of an S-1. BOA seeks to raise up to $175 million in its initial public offering. ....

United States , Scott Seligman , Briand Friedman , Sam Beznos , Srikanth Batchu , York Stock Exchange , Simon Property Group , Real Estate Technology Innovation , Beztak Companies , Seligman Group , New York Stock Exchange , Tishman Speyer , Foxhall Partners , Real Estate Technology , ஒன்றுபட்டது மாநிலங்களில் , ஸ்காட் ஸெலிக்மந் , ப்ரையஂட் ப்ரைட்மேன் , ஸ்ரீகாந்த் படிச்சு , யார்க் ஸ்டாக் பரிமாற்றம் , சிமோன் ப்ராபர்டீ குழு , ரியல் எஸ்டேட் தொழில்நுட்பம் கண்டுபிடிப்பு , ஸெலிக்மந் குழு , புதியது யார்க் ஸ்டாக் பரிமாற்றம் , டிஷ்மேன் ஸ்பீயர் , ஃபாக்ஸ்ஹால் கூட்டாளர்கள் , ரியல் எஸ்டேட் தொழில்நுட்பம் ,

PREOS Global Office Real Estate & Technology AG: PREOS Group Purchased Commercial Property in Essen, North Rhine Germany in 2019 Below Market Then Closed Sale to Signa Group in 2020 for 25% Net Profit


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LEIPZIG, GERMANY / ACCESSWIRE / February 5, 2021 / PREOS Global Office Real Estate & Technology AG (FRA:PAG)(XETRA:PAG).
Frederik Mehlitz, CEO of PREOS The Essen transaction is a showcase deal for how we add value to our shareholders. Our deep-data based analytics allows us to identify hidden value faster than traditional approaches and we are experienced acquisition specialists. This asset sale highlights the strength of the PREOS Group: sourcing attractive assets at favorable terms, driving the value of such assets as asset manager and ultimately achieving a profitable exit. Our TA2 commercial property in Essen is an excellent example: In mid-2019, PREOS acquired the asset below market. The Company immediately launched an asset management program investing approximately 80 MILLION EUROS with the goal of reducing the property s full vacancy, and further to enhance its value for resale. PREOS substantially leased up the property in less than one year-anchor tenants ....

Axel Mulhaus , Galeria Kaufhof , Frederik Mehlitz , Munich Stock Exchange , German Department , Police Of The City Essen , Signa Group , Global Office Real Estate Technology , Real Estate Technology , Office Real Estate , முனிச் ஸ்டாக் பரிமாற்றம் , ஜெர்மன் துறை , போலீஸ் ஆஃப் தி நகரம் எஸெந் , சிக்னா குழு , உலகளாவிய அலுவலகம் ரியல் எஸ்டேட் தொழில்நுட்பம் , ரியல் எஸ்டேட் தொழில்நுட்பம் , அலுவலகம் ரியல் எஸ்டேட் ,