JCF advising quoted property fund on banking arrangements and strategic options

The Board of AIM quoted Develica Deutschland Ltd (“Develica”) engaged the services of Jamieson Corporate Finance during the summer of 2008, initially to advise the Board on strategic options for the Company but more recently to advise and assist the Board and the Fund Manager in the discussions which have been initiated with the Company's senior debt providers.

As of 30 September 2008, Develica had gross assets of Eur1.1bn and borrowings of Eur845m as stated in the Company’s half-yearly report.

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