Reuters logo
BRIEF-Eurocommercial in negotiations to acquire Woluwe shopping centre in Brussels
October 16, 2017 / 4:22 PM / a month ago

BRIEF-Eurocommercial in negotiations to acquire Woluwe shopping centre in Brussels

Oct 16 (Reuters) - EUROCOMMERCIAL PROPERTIES NV:

* EUROCOMMERCIAL IN NEGOTIATIONS TO ACQUIRE PREMIER BRUSSELS’ SHOPPING CENTRE

* OVERALL GROSS INVESTMENT AMOUNT INCLUDING REGISTRATION TAX WILL BE AROUND EUR 468 MLN‍​

* OVERALL GROSS INVESTMENT AMOUNT WILL GIVE AN INITIAL YIELD OF JUST UNDER 4%

* EXPECTS SIGNING OF PURCHASE AGREEMENT BY THE END OF NOVEMBER

* COMPLETION AND PAYMENT EXPECTED IN Q1 OF 2018 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below