PropertyEU

Zublin sells retail property in Germany

By A staff reporter 2009-07-07T00:00:00

Zublin Immobilien Holding has announced that its subsidiary in Germany had concluded the sale of its 4,900m[sup]2[/sup] fully-let retail property in Tuttlingen. The buyer and the sales price were not disclosed, but Zublin said the transaction volume was in line with the property's IFRS fair value at end-March 2009.

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