Prelios shares up 10% on news of EUR 248m Karstadt sale

By A staff reporter 2011-08-31T00:00:00

Prelios' shares gained nearly 10% reaching EUR 0.27 per share on Wednesday after the company announced the closing of the sale of the Karstadt Oberpollinger and Karstadt Sports properties in Munich for around EUR 248 mln. The assets were sold for a price in line with market value to a ...

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