skip to content

Other

Hansteen completes sale of German and Dutch portfolios

19 June 2017 08:12

Hansteen has completed the sale of its German and Dutch portfolios to entities owned by funds advised by affiliates of The Blackstone Group L.P. and M7 Real Estate for €1.28bn as announced on 20 March.

Hansteen said the transaction had now been completed resulting in net cash proceeds to the group of approximately €750m. Hansteen said it intended to distribute, to its shareholders, a substantial portion of the net cash proceeds details of which would be announced as soon as reasonably practicable.

At 8:12am: (LON:HSTN) Hansteen Holdings PLC share price was +0.95p at 126.45p

Story provided by StockMarketWire.com

Related Company: HSTN

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?

-

Branch Finder

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