February 13, 2017 / 7:28 AM / 6 months ago

BRIEF-UBM Development sells Polish Pilot Tower in Krakow

Feb 13 (Reuters) - UBM Development AG:

* Sells another standing asset in Krakow for around 22 million euros ($23.4 million) to First Property Group

* Purchase agreement with aim-listed company First Property Group was signed last week; closing is expected in course of Q2 of 2017 Source text for Eikon: Further company coverage: ($1 = 0.9401 euros) (Gdynia Newsroom)

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