PropertyEU

Zublin sells assets in Switzerland and Germany for EUR 37m

By A staff reporter 2009-01-08T00:00:00

Listed Swiss firm Zublin Immobilien has concluded the sale of an office building in Switzerland and a retail property in Germany for a total of CHF 56.3 mln (about 37 mln). The sales prices of both transactions were in line with IFRS fair values at end- September 2008.

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