22nd Apr 2016 08:16
22 April 2016
Public Service Properties Investments Limited
("the Company")
Update on the disposal of three properties in Germany - conditional contracts
On 10 March 2016 the Company announced that it had exchanged conditional contracts to dispose of its three remaining properties leased to the Marseille Kliniken Group for an aggregate gross price of €10.0 million. The sales were conditional on the re-registration of the properties in the appropriate land registry and after registration of charges in favour of the purchasers' lender. The Company is pleased to report that all of the conditions have been met and the transactions have closed.
An announcement on a further return of capital to shareholders will be made in due course.
For further information please visit www.pspiltd.com or call:
Dr. D. Srinivas Ralph Beney
RP&C International (Asset Manager) 020 7766 7000 | Ben Mingay Sylvester Oppong
Smith Square Partners (Financial Adviser) 0203 696 7260 | Tom Griffiths Henry Willcocks
Stockdale Securities (Nomad and Broker) 020 7601 6100 |
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Related Shares:
PSPI.L