skip to content

Market News

Phoenix Spree Deutschland sells non-core portfolio

07 April 2017 07:30

Phoenix Spree Deutschland has exchanged contracts to sell a portfolio of 17 non-core properties in Nuremberg and Furth for a total of €35.25m cash.

The properties were acquired in 2007 and 2008 for an aggregate purchase price of €13.9m. Sale proceeds represented an 11% premium to the 31 December 2016 Jones Lang LaSalle valuation.

Story provided by StockMarketWire.com

Related Company: PSDL

Info Point:

To buy or sell shares call our Dealing Room on 0113 243 6941.

Too much jargon? Our glossary will help make sense of things.

Find out more about our Share Dealing Services.

Client Area Access

» Secure Login

» Not registered yet?

Bluezest Aberdeen

Branch Finder

Redmayne-Bentley have High Street branches throughout the UK. Find your nearest branch.