12th Jun 2015 16:09
Eastern European Property Fund Limited
("EEP" or the "Company")
Sale of Property
12 June 2015
On 12 June 2015, EEP completed the disposal of an office in the Nils Passaj property in Beyoglu, Istanbul for a total cash consideration of USD 250,000 (including VAT). This completes the disposal of all units on the fourth floor of Nils Passaj further to the disposals on 15 May 2015 for USD 250,000 (including VAT) and 26 May 2015 for USD 275,000 (including VAT).
In addition, on 12 June 2015, EEP completed the disposal of an office unit on the third floor of Nils Passaj for a total cash consideration of USD 150,000 (including VAT).
The proceeds from the disposals are in line with the latest DTZ Debenham Tie Leung valuation.
For further information, please contact:
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Tom Fyson Liberum Capital Limited Tel: +44 203 100 2000 | Keiran Gallagher Pera Pera Tel: +90 212 252 6048 |
Bob Locker CNC Property Fund Management Limited Tel: +44 1784 424 740 | |
Company website: www.eepfl.com. | |
Related Shares:
Eastern European Property