6 Jan 2014 07:23
EFG Hermes Holding Sells Property for Stake in Real Estate Trust
Cairo January 6th, 2014
EFG Hermes S.A.E. announces today the sale of the seventh floor of Dubai's Index Tower owned by the Company comprising 22,000 square feet of commercial space to Emirates REIT, in exchange for a 4.2% stake in REIT Fund, the first UAE real estate investment trust.
For further information:
Investor Relations Contacts
Tel: +20 (0)2 35356710
Fax: +20 (0)2 3535 7017
Email: investor-relations@efg-hermes.com
www.efg-hermes.com