Brack Capital Properties N.V. (TASE:BCNV) entered into an agreement to acquire a commercial property near Dortmund in North Rhine Westphalia for €9.1 million on May 13, 2016. The transaction is subject to the fulfillment of the conditions required relating to the transfer of the ownership rights including obtaining all the necessary approvals. Tim Robertson and Ben Heath of Novella Communications acted as public relations advisors for Brack Capital. Brack Capital Properties N.V. (TASE:BCNV) completed the acquisition of a commercial property near Dortmund in North Rhine Westphalia on July 1, 2016. The transaction was loan financed by a German bank for €6.4 million under non-recourse terms.