AIM-listed Delek Global Real Estate has sold its stake in the City Plaza office block in Sheffield, South Yorkshire, England, to CBRE Investors for about £24 mln (EUR 35 mln). Delek Global said it will receive about £3 mln and an additional £1 mln gain creditable against future profits from the sale of the property, which it bought for £16 mln. After refurbishment the premise was revalued last year at £23.5 mln, the company added.
AIM-listed Delek Global Real Estate has sold its stake in the City Plaza office block in Sheffield, South Yorkshire, England, to CBRE Investors for about £24 mln (EUR 35 mln). Delek Global said it will receive about £3 mln and an additional £1 mln gain creditable against future profits from the sale of the property, which it bought for £16 mln. After refurbishment the premise was revalued last year at £23.5 mln, the company added.
