Brief: Eurocastle Investment sells real estate for 286 mln euros

Eurocastle Investment

13/02/2015 08:01

Feb 13 (Reuters) - Eurocastle Investment Ltd  ECT.AS : 
    * Sells three of its five retail portfolios, Superstella, 
Tannenberg and Turret for 286 million euros gross ($326.9 
million) to Patrizia Immobilien AG 
    * Sale expected to generate about 24.4 million euros of net 
proceeds to company 
 
Source text for Eikon:  ID:nHUG2ZP6hK  
Further company coverage:  ECT.AS  
 
($1 = 0.8750 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 6983920;))