20th Jul 2015 12:08
20 July 2015
INVISTA EUROPEAN REAL ESTATE TRUST SICAF
(the "Company")
UPDATE ON STRATEGIC REVIEW
Further to the announcement by the Company on 13 July 2015, which gave an update on the current trading and Strategic Review of the business, the Company has now received indicative proposals from potential buyers of its property portfolio.
There is no certainty that any transaction will take place; but, if one does, the Board does not expect, in the light of the valuations proposed by the potential buyers, that there will be any material value to return to either ordinary or preference shareholders.
The Company will continue to make announcements as appropriate.
For further information, please contact:
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Related Shares:
IERE.L