Brief: Retail Estates Purchases Three Retail Parks In The Netherlands

Retail Estates NV

22/12/2017 06:59

Dec 22 (Reuters) - RETAIL ESTATES NV  RETE.BR : 
    * STRATEGIC PURCHASE OF THREE RETAIL PARKS IN THE 
NETHERLANDS 
INVESTMENTS IN THE DUTCH PORTFOLIO INCREASE TO EUR 268.64 
MILLION 
    * INVESTMENT OF EUR 205.44 MILLION, INCLUDING REAL ESTATE 
TRANSFER TAX AND NOTARIAL FEES 
    * INVESTMENT PROVIDES AN ADDITIONAL NET RENT ON AN ANNUAL 
BASIS 
OF EUR 13.44 MILLION 
    * FAIR VALUE OF THIS INVESTMENT AMOUNTS TO EUR 196.70 
MILLION 
ACCORDING TO VALUATION DRAWN UP BY REAL ESTATE EXPERTS OF RETAIL 
ESTATES 
 
Source text for Eikon:  ID:nNDLhGcHC  
Further company coverage:  RETE.BR  
 
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