24th Feb 2015 09:07
LONDON (Alliance News) - Invista European Real Estate Trust SICAF Tuesday said it has struck a deal to sell two office properties in Belgium for EUR5.25 million.
Invista said the sale price is at a 27% discount to the valuation of the properties on December 30 and said the proceeds from the sale will be used to repay part of its outstanding mezzanine debt.
Shares in the trust were untraded on Tuesday morning, having last traded at 0.400 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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