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Update on Strategic Review

20 Jul 2015 12:08

RNS Number : 5196T
Invista European Real Estate Trust
20 July 2015
 

20 July 2015

INVISTA EUROPEAN REAL ESTATE TRUST SICAF

(the "Company")

UPDATE ON STRATEGIC REVIEW

 

Further to the announcement by the Company on 13 July 2015, which gave an update on the current trading and Strategic Review of the business, the Company has now received indicative proposals from potential buyers of its property portfolio.

 

There is no certainty that any transaction will take place; but, if one does, the Board does not expect, in the light of the valuations proposed by the potential buyers, that there will be any material value to return to either ordinary or preference shareholders.

 

The Company will continue to make announcements as appropriate.

 

 

 For further information, please contact:

Ludovic Bernard

Internos Global Investors

020 7355 8800

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCSEWFFSFISESW
Date   Source Headline
3rd Apr 20073:17 pmRNSResult of Placing
3rd Apr 200711:23 amRNSPortfolio Update
3rd Apr 20078:23 amRNSAcquisition and Placing
13th Mar 20072:16 pmRNSHolding(s) in Company
9th Mar 20074:45 pmRNSHolding(s) in Company
8th Mar 200710:14 amRNSHolding(s) in Company
19th Feb 20072:20 pmRNSFactsheet
26th Jan 200712:18 pmRNSNet Asset Value(s)
10th Jan 20073:14 pmRNSAnnual Report and AGM Notice
8th Jan 20074:20 pmRNSTen Largest Investments
8th Jan 20074:17 pmRNSDirector/PDMR Shareholding
8th Jan 20074:14 pmRNSDirector/PDMR Shareholding

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