Last checked at 
10 Sep 2013 16:49
To: Company Announcements
Date: 10 September 2013
Company: AXA Property Trust Limited
Subject: Progress with Sales Strategy
The Board is pleased to announce further progress with the implementation of the sales strategy to deleverage the Company and continue with the orderly wind down of the portfolio approved by Shareholders at the EGM held in April 2013.
The sale of the Keyser Centre, Antwerp in Belgium has been completed at a price of €9.028m. The retail property is situated in the city centre of Antwerp on the Keyserlei between the central railway station and the Meir which is the principal shopping street. It totals some 4,800m² of retail and restaurant space and has as principal tenants Match, the supermarket chain, Healthcity and Wagamama. The purchaser is Teychene Invest Belgique SPRL part of the group Financière Teychene.
The sale of the asset at Braunschweigerstrasse in Berlin has also been completed at a disposal price of €1.625m.
Company website:
http://www.axapropertytrust.com
All Enquiries:
Investment Manager
AXA Investment Managers UK Limited
Broker Services
7 Newgate Street
London EC1A 7NX
Tel: +44 (0)20 7003 2345Email: broker.services@axa-im.com
Broker
Oriel Securities Limited
Neil Winward
Tel: +44 (0)20 7710 7600
Company Secretary
Northern Trust International Fund Administration Services (Guernsey) Limited
Trafalgar Court
Les Banques
St Peter Port
GY1 3QL
Tel: +44 (0)1481 745324
Fax: +44 (0)1481 745085