PropertyEU

Eurocastle divests EUR 219m of German assets

By A staff reporter 2008-07-03T00:00:00

Eurocastle Investment Limited has sold EUR 219mln of property assets as part of its ongoing programme to harvest mature or non-strategic assets. The listed company, which focuses on German commercial real estate, has sold two buildings at an average NOI (Net Operating Income) yield of about 4.5%. One of the ...

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