Eurocastle sells non-core assets for EUR 325m

By A staff reporter 2007-04-02T00:00:00

Eurocastle Investment has signed a definitive agreement with the Whitehall Street Real Estate Funds to sell a portfolio of 78 properties for 325 mln. The sale price exceeds the carrying value by approximately 9% and will result in a realised gain of approximately EUR 26 mln, Eurocastle said in a ...

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