MLP subsidiary Feri acquires a stake in CORESIS

Wiesloch, 3rd May 2012 – Feri AG, a wholly-owned subsidiary of MLP AG, is strengthening its activities in the real estate domain and has initially acquired a 25 percent stake in CORESIS Management GmbH. Feri intends to increase its holding within the next years. The parties agreed not to disclose any financial details about the transaction.

CORESIS specialises in direct investments in German real estate and, in this respect, offers investment opportunities and asset management services for institutional and very wealthy private investors. Further information concerning the acquired stake is contained in a joint press release by Feri und Coresis at www.feri.de

Download press release (PDF, 34KB)