April 3, 2018 / 3:55 PM / 4 months ago

BRIEF-Steinhoff Says Net Book Value Of Unit Hemisphere's Portfolio Will Be Materially Lower Than Previously Estimated

April 3 (Reuters) - Steinhoff International Holdings Nv :

* HEMISPHERE REAL ESTATE VALUATION​

* ‍LIKELY CONSOLIDATED NET BOOK VALUE OF UNIT HEMISPHERE PORTFOLIO WILL BE MATERIALLY LOWER THAN EUR 2.2 BILLION PREVIOUSLY ESTIMATED

* ‍CBRE VALUED HEMISPHERE PORTFOLIO AS AT 1 FEBRUARY 2018 AT APPROXIMATELY EUR 1.1 BILLION​ Source text for Eikon: Further company coverage:

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