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Kimberly Enterprises Offloads Czech Residential Development Plot

Wed, 29th Jul 2015 13:57

LONDON (Alliance News) - Eastern European property developer Kimberly Enterprises NV on Wednesday said it has sold a residential development plot in the Czech Republic for around EUR2.3 million.

Kimberly said it expects to generate net proceeds from the sale of EUR1.8 million, of which EUR0.45 million will be attributable to the company.

Kimberly shares were untraded Wednesday, having last traded at 0.250 pence.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.

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