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Plaza Centers Agrees Reduction In Sale Price For India Plot

18th Oct 2018 12:37

LONDON (Alliance News) - Real estate investor Plaza Centres NV said Thursday it agreed a reduction to the price payable for the sale of its 50% stake in a 74.7 acre land plot in Chennai, India.

The company said the price of the sale has been reduced to EUR12.5 million from EUR13.0 million.

Furthermore, Plaza Centers extended the closing date for the land sale to November 10.

The company agreed the sale at the beginning of July.

Plaza Centres shares were untraded at 35.50 pence Thursday afternoon.


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