2nd Feb 2016 09:41
LONDON (Alliance News) - Public Service Properties Investments Ltd on Tuesday said it has exchanged contracts to sell its Brakel home care property in Germany for EUR3.0 million.
The company has sold the property to the same beneficial owner as the tenant of the care home, it said.
Public Service Properties said it continues to test the market appetite for its remaining care home properties in Germany.
Shares in the company were down 2.2% to 45.00 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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