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BRIEF-Stockmann sees deal ahead on Nevsky Centre
November 16, 2017 / 2:12 PM / a month ago

BRIEF-Stockmann sees deal ahead on Nevsky Centre

Nov 16 (Reuters) - Stockmann

* Finnish department store and fashion chain group says continues talks of the divestment of its Nevsky Centre property in St.Petersburgh

* ”We do believe that we will reach a deal on Nevsky Centre… The process and the discussions are ongoing, and we think that there will be a conclusion at some stage,” CFO Kai Laitinen told Reuters

* The shopping centre has a book value of 181 million euros Further company coverage: (Helsinki Newsroom)

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