Ad-hoc disclosure
Deutsche EuroShop AG sells Shopping Center in Italy
ss=fontstyle>In line with its portfolio optimisation Deutsche EuroShop AG sold today the Centro Commerciale Friuli in Udine, Italy for Euro 62 million to SEB Immobilien- Investment GmbH. The book profit Deutsche EuroShop realises with this sale amounts to a small seven figure number.
The Executive Board is confident to reinvest the liquidity resulting from the transaction within the next months. The current portfolio of Deutsche EuroShop AG consists of 13 shopping centers in Germany, France, Hungary, Italy and Poland