Brief: S Immo Sells Commercial Park Near Munich

S IMMO AG

12/01/2023 10:04

Jan 12 (Reuters) - S Immo AG  SIAG.VI :
    * SELLS COMMERCIAL PARK NEAR MUNICH AND SEEKS FURTHER SALES
OF
GERMAN COMMERCIAL PROPERTIES
    * PARTIES INVOLVED HAVE AGREED NOT TO DISCLOSE DETAILS OF
TRANSACTION
    * WHILE ACTUAL SALES VOLUME IS UNCERTAIN AT THIS STAGE,
TOTAL
PROCEEDS COULD POTENTIALLY EXCEED EUR 200M
    * COMMERCIAL PARK IS IN IMMEDIATE VICINITY OF MUNICH
MOTORWAY RING
ROAD AND HAS A TOTAL LETTABLE AREA OF AROUND 14,500 M²

Source text for Eikon:  ID:nPexQVSFXa 
Further company coverage:  SIAG.VI 
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))