Brief: W. P. Carey. buys $62.9 million Stern Group auto dealership portfolio

PB Holding NV

11/11/2015 21:45

Nov 11 (Reuters) - W. P. Carey Inc  WPC.N : 
 * Acquires $62.9 million Stern Group auto dealership portfolio 
 * Entered into sale-leaseback transaction for portfolio of 10 automotive retail 
   and service sites in The Netherlands with Stern Groep n.v. 
 * Says sale-leaseback of 10 assets with 17-year lease term 
 
 * Source text for Eikon  ID:nPn8R297b  
 
 * Further company coverage  WPC.N   
  ((Bengaluru Newsroom; +1 646 223 8780))