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Plaza Centers Secures EUR4.6 Million After Indian Project Sale

4th Feb 2019 13:47

LONDON (Alliance News) - Plaza Centers NV on Monday said it gained EUR4.6 million from its subsidiary's sale to a local investor of a stake in the vehicle which holds a site in Bangalore, India.

Elbit Plaza India Real Estate Holdings Ltd, a 47.5%-owned unit of Plaza Centres, received EUR9.1 million for the sale to-date, out of the EUR43 million in total for the deal.

Plaza Centers shares were untraded at 35.00 pence each in London.


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