2nd Jun 2021 20:16
Plaza Centers NV - Netherlands-based property firm - Says completion of sale of its 74.7 acre plot in Chennai, India, has been delayed due to continuing lockdowns in India. Buyer has deposited INR1 crore, around EUR113,000, and thus gets an extension until June 15 for the completion of the deal. Plaza's share of this is around EUR56,500. Deal is between Elbit Plaza India Real Estate Holdings Ltd, a subsidiary held 50% by Plaza and 50% by Elbit Imaging Ltd, and the purchaser for a 100% stake in the EPI subsidiary which owns the Chennai plot.
Current stock price: 30.50 pence
Year-to-date change: up 1.7%
By Lucy Heming;Â [email protected]
Copyright 2021 Alliance News Limited. All Rights Reserved.
Related Shares:
Plaza