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Pin to quick picksPlaza Share News (PLAZ)

Share Price Information for Plaza (PLAZ)

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Plaza Centers to sell 47 shopping centres for $1.428bn

Wed, 11th Jan 2012 10:13

Shares of Plaza Centers shot ahead after it announced that it is to sell 47 of its US based shopping centres in a deal valued at $1.428bn.The shopping centres, located across 20 US states, are to be bought by BRE DDR Retail, a joint venture between Blackstone Real Estate Advisors. Of transaction value of $1.428bn, a total of $934m shall be paid by the way of assumption of the property level debt unless repaid by EPN. Excess cash of $30m will be retained by the vendor, Plaza Centers explained. The transaction is expected to close in June 2012.Plaza Centers said it does not expect a material impact from the transaction on its income statement, as the properties were measured at fair value in its consolidated financial statements for the previous periods. Following the sale of the 47 properties, EPN Group will continue to hold two properties located in the US that are valued at around $43m with total non-recourse secured debt of roughly $14m.cj
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4 Dec 2018 14:08

Plaza Centers Extends Transaction Closing Date For Plot In Chennai

LONDON (Alliance News) - Plaza Centers NV on Tuesday said it extended the closing date of 50% stake sale in its 74.7 acre plot in Chennai, India, for EUR13.2 million.The real estate company

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3 Dec 2018 12:06

Plaza Centers Disposes Of Land Plot In Serbia For EUR290,000

LONDON (Alliance News) - Real estate investor Plaza Centers NV said Monday it has sold a five-acre plot in Krusevac, Serbia for EUR290,000 in total.Shares in Plaza Centers were untraded on

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7 Nov 2018 16:36

Plaza Centers Extends Closing Date For Stake Sale In Indian Land Plot

LONDON (Alliance News) - Plaza Centers NV said Wednesday that it has extended the closing date for the sale of its 50% stake in a Indian land plot to December 20.The company, which is its a

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18 Oct 2018 12:37

Plaza Centers Agrees Reduction In Sale Price For India Plot

LONDON (Alliance News) - Real estate investor Plaza Centres NV said Thursday it agreed a reduction to the price payable for the sale of its 50% stake in a 74.7 acre land plot in Chennai, company

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17 Oct 2018 17:44

Plaza Centers Sells Land Plot In Romanian For EUR1.6 Million

LONDON (Alliance News) - Plaza Centers NV said Wednesday that it has signed a pre-agreement for the sale of a land plot in Miercurea Ciuc, Romania, for EUR1.6 million in installments.The is

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5 Jul 2018 12:36

Plaza Centers Signs Term Sheet For Sale Of Indian Land Plot

LONDON (Alliance News) - Real estate investor Plaza Centers NV said Thursday that its subsidiary Elbit Plaza India Real Estate Holdings Ltd has signed a term sheet with a buyer relating to the of

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16 May 2018 18:09

Plaza Centers Says Subsidiary Faces EUR2.9 Million Court Case Claim

LONDON (Alliance News) - Plaza Centers NV said Wednesday that its Greek subsidiary Helios Plaza AE has been hit by a legal claim filed by a third party.The claimant is claiming EUR2.9 and a

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22 Mar 2018 17:11

Plaza Centers Revises Purchase Price For Bangalore Property In India

LONDON (Alliance News) - Netherlands-based property developer Plaza Centers NV said on Thursday it has agreed to revise the purchase price for a property

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1 Feb 2017 08:25

Plaza To Distribute Funds To Bondholders After Suwalki Sale Completes

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17 Nov 2016 10:22

Plaza Centers Proposes Consent Fee In Bid To Amend Early Prepayments

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16 Nov 2016 15:43

Plaza Centers Considers Options On Bangalore Sale After Missed Payment

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30 Sep 2016 12:11

Plaza Centers Joint Venture Pens New Terms For Earlier Interest Sale

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15 Sep 2016 15:11

Plaza Centers Agrees To Sell Polish Plot For EUR810,000

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14 Jul 2016 15:04

Plaza Centers Sells Plot In Ploiesti, Romania, For EUR280,000

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7 Jul 2016 14:29

Brussels Arbiter Rules Plaza Centers Liable For EUR2.0 Million Claim

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