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BRIEF-GFH Financial Group signs deal with Promoseven Holdings to exit part of real estate portfolio
June 28, 2017 / 4:48 AM / in a month

BRIEF-GFH Financial Group signs deal with Promoseven Holdings to exit part of real estate portfolio

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June 28 (Reuters) - Gfh Financial Group Bsc

* Co and Promoseven Holdings signs agreement

* Agreement is to exit part of its real estate portfolio with an approximate value of $55 million

* Deal comes as part of gfh's strategy to exit its non‐core assets

* says real estate portfolio asset has a book value of $20 million, deal will have a positive impact on GFH's financial results for Q2,2017 Source text for Eikon: Further company coverage:

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