Plaza Centers N.V. FINAL PAYMENT RECEIPT FOR MUP DISPOSAL IN BELGRADE (2982S)
September 29 2017 - 10:18AM
UK Regulatory
TIDMPLAZ
RNS Number : 2982S
Plaza Centers N.V.
29 September 2017
29 September 2017
PLAZA CENTERS N.V.
RECEIPT OF FINAL PAYMENT FOR MUP DISPOSAL IN BELGRADE
Plaza Centers N.V. ("Plaza" or the "Company"), an emerging
markets property developer, further to its announcements on 29 June
2016 and 1 February 2017, has received the final payment of EUR1
million for the sale of the MUP plot in Belgrade, Serbia. The final
payment comprises the EUR400,000 purchase price for the asset,
together with an additional EUR600,000 which had been conditional
upon the purchaser receiving development rights for the plot of at
least 69,000 sqm above ground.
Ends
For further details, please contact:
Plaza
Dori Keren, CEO +48 22 231 99 00
FTI Consulting
Dido Laurimore / Claire Turvey / Tom Gough +44 20 3727 1000
Notes to Editors
Plaza Centers N.V. (www.plazacenters.com) is an emerging markets
developer of shopping and entertainment centres. The Company is
listed on the Main Board of the London Stock Exchange, as of 19
October 2007, on the Warsaw Stock Exchange (LSE: "PLAZ", WSE:
"PLZ/PLAZACNTR") and, on the Tel Aviv Stock Exchange. Plaza Centers
N.V. is an indirect subsidiary of Elbit Imaging Ltd. ("EI"), an
Israeli public company whose shares are traded on both the Tel Aviv
Stock Exchange in Israel and on the NASDAQ Global Market in the
United States. Plaza Centers has been active in real estate
development in emerging markets for over 21 years.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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