May 19, 2017 / 6:28 AM / 2 months ago

BRIEF-Uro Property sells 15 bank branches for 56.2 mln euros

1 Min Read

May 19 (Reuters) - URO PROPERTY HOLDINGS SOCIMI SA :

* SAID ON THURSDAY TO SELL 15 BANK BRANCHES TO M&G REAL ESTATE AND TO GRANT PURCHASE OPTION OF ANOTHER BANK BRANCH

* Said Total Amount of Transaction Is 56.2 Million Euros

* SOLD PORTFOLIO REMAINS LEASED TO BANCO SANTANDER AND GENERATES ANNUAL INCOME OF 3.04 MILLION EUROS

Source text: bit.ly/2rxZ9ZL

Further company coverage: (Gdynia Newsroom)

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