Brack Capital Properties N.V. announced that it has entered into a notarized acquisition agreement with a third party (not related to BCRE Germany or its controlling shareholders) to acquire 173 residential units in Dortmund, Germany for a total consideration of EUR 8.2 million. Completion of 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 for the transaction and the removal of all the pledges from the property.