Brief: BBI Development says final price agreed for Zlota 44 project

Bbi Development SA

09/01/2015 11:58

Jan 9 (Reuters) - BBI Development SA  BBD.WA : 
    * Skyline Residences S.a.r.l. and Orco Property Group SA 
 ORCO.PA  decide on final sale price of Zlota 44 development in 
Warsaw under Aug 27, 2014 contract 
    * Orco will obtain from sale of Zlota 44 about 50 million 
euros ($59 million)  
    * INSO Sistemi Per Le Infrastructure SpA will receive 13 
million euros as part of sale of Zlota 44 development 
    * BBI Development cooperates with Skyline Residences on the 
Zlota 44 development project 
 
Source text for Eikon:  ID:nEM0961288  
Further company coverage:  BBD.WA  
 
($1 = 0.8467 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;)) 
 
Keywords: BBI DEVELOPMENT/BRIEF