Qrf Comm. VA (ENXTBR:QRF) reached an agreement to acquire three commercial premises in Ostend from Horizon Retail Investeringen WP BVBA on October 19, 2017. In a related transaction, Qrf Comm. VA reached an agreement to acquire three properties in Antwerp from Horizon Retail Investeringen DMB NV. As consideration for both the transactions, Qrf Comm. will issue 0.54 million shares. The combined deal value for both the transactions is €13.2 million. The three properties generated rental income of €0.46 million. Qrf Comm. expects the transactions to strengthen its shareholders’ equity by €12.5 million and the debt ratio to decrease to approximately 54.3%. The contribution in kind will take place as soon as possible and no later than on October 29, 2017. Qrf Comm. VA (ENXTBR:QRF) completed the acquisition of three commercial premises in Ostend from Horizon Retail Investeringen WP BVBA on October 27, 2017.