July 14, 2017 / 11:06 AM / 10 days ago

BRIEF-TK Development sells youth housing projects in Vanløse and on Amager

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July 14 (Reuters) - TK DEVELOPMENT A/S

* TK DEVELOPMENT SELLS TWO YOUTH HOUSING PROJECTS, ONE IN VANLØSE AND ONE ON AMAGER, COPENHAGEN, DENMARK

* CONSTRUCTION IS TO START IN Q3 2017, WITH COMPLETION AND HANDOVER SCHEDULED FOR Q3 AND Q4 2018

* Units Have Been Conditionally Sold to Koncenton

* START-UP AND SALE OF THESE PROJECTS WILL NOT IMPACT RESULTS ESTIMATE FOR 2017/18 FINANCIAL YEAR, BUT WILL IMPACT GROUP'S EARNINGS FOR 2018/19 FINANCIAL YEAR Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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