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BRIEF-Demire Deutsche Mittelstand Real Estate sells stake in SQUADRA Immobilien
February 10, 2017 / 7:06 AM / in 8 months

BRIEF-Demire Deutsche Mittelstand Real Estate sells stake in SQUADRA Immobilien

Feb 10 (Reuters) - Demire Deutsche Mittelstand Real Estate AG:

* Continues to focus on core business and sells financial investment in project development company for a high capital gain

* Has sold its 25 pct interest in Squadra Immobilien GmbH & Co. KGaA to a German investor for 7.2 million euros ($7.67 million)

* Generated a capital gain of around 4.2 million euros from sale of interest Source text for Eikon: Further company coverage: ($1 = 0.9383 euros) (Gdynia Newsroom)

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