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Eurocastle Investment Limited
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Publicatie datum
13 sep 2016 - 08:00
Statutaire naam
Eurocastle Investment Limited
Titel
Eurocastle Announces Sale of Belfry and Truss
Bericht
Guernsey, 13 September 2016 - In line with its strategy to accelerate recoveries from its legacy real estate assets in Germany, Eurocastle Investment Limited (Euronext Amsterdam: ECT) ("the Company") today announced that it has agreed to sell Belfry and Truss, the two remaining Retail portfolios within its legacy German real estate business. The sale is expected to generate approximately €2.3 million of net proceeds to the Company compared to the recently reported adjusted NAV for these portfolios of zero. The portfolios are comprised of 67 assets totaling over 134,000 square meters located throughout Germany. The majority of the assets sold are expected to close in Q4.
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Datum laatste update: 14 augustus 2026