Brief: KCR Residential Says Sold Unit KCR (Cygnet) Ltd For 1.14 Mln Stg
Dec 12 (Reuters) - KCR Residential REIT PLC KCR.L :
* SOLD UNIT KCR (CYGNET) LIMITED TO A SUBSIDIARY OF INLAND
HOMES
PLC FOR A CASH CONSIDERATION OF £1.14 MILLION
* PROCEEDS OF SALE WILL BE USED TO REDUCE COMPANY'S
INDEBTEDNESS
Source text for Eikon: ID:nRSL1786Ka
Further company coverage: KCR.L
((Reuters.Briefs@thomsonreuters.com;))