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IMMO — Compagnie Immobiliere de Belgique News Story

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Brief: Immobel and Breevast sell RAC 2, company that owns "Belair" project

Dec 6 (Reuters) - Immobel Sa  IMMO.BR :  
    * Immobel and Breevast sell RAC 2, a company that owns 
"Belair" project 
    * Sell their interest to REAL IS SMART, an international 
investor based in Germany 
    * Transaction is concluded on the basis of a valuation of 
the RAC 2's assets at an amount of around 59 million euros  
($63.15 million) 
 
Source text for Eikon:  ID:nNDL95TxQ  
Further company coverage:  IMMO.BR  
 
($1 = 0.9342 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))

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