Eastern European Property Fund Ltd Sale of property (7349W)

TIDMEEP

RNS Number : 7349W

Eastern European Property Fund Ltd

29 April 2016

Eastern European Property Fund Limited

("EEP" or the "Company")

Sale of Property

29 April 2016

On 28 April 2016, EEP completed the disposal of the office units on the fifth floor of the Nils Passaj property in Beyoglu, Istanbul, for a cash consideration of USD 85,000 (including VAT).

The proceeds from this disposal are in line with the latest independent property valuation. Following this disposal, the Company no longer has any interest in the Nils Passaj property.

 
 For further information, please contact: 
 Tom Fyson                       Keiran Gallagher 
  Liberum Capital Limited         Pera Pera 
  Tel: +44 203 100 2000           Tel: +90 212 252 1641 
 
 Bob Locker 
  CNC Property Fund Management 
  Limited 
  Tel: +44 1784 424 740 
 
   Company website: www.eepfl.com.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

April 29, 2016 02:00 ET (06:00 GMT)

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