5th Jul 2018 12:36
LONDON (Alliance News) - Real estate investor Plaza Centers NV said Thursday that its subsidiary Elbit Plaza India Real Estate Holdings Ltd has signed a term sheet with a buyer relating to the sale of Elbit's holding in a 74.7 acre plot in Chennai, India.
The buyer now has 60 days to conduct due diligence following which the agreements for the EUR13.8 million sale of the land will be signed and closed on the same day.
Shares in Plaza Centers remained flat at 70.00 pence on Thursday.
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