Monday, March 27, 2006

Sony Europe Completes EUR121 Million Sale and Leaseback of Eight Properties Across Europe

PRNewswire - March 27, 2006

Sony Europe and Macquarie Global Property Advisors (MGPA) have completed an agreement for the sale and leaseback of eight office and logistics properties currently owned by Sony for EUR121.1 million. The portfolio spans six European countries - the United Kingdom, Italy, the Netherlands, Belgium, Switzerland and Germany - and includes some of Sony's significant buildings in each of these markets. Sony will remain the major tenant of the portfolio, leasing back 65% of the property from MGPA. The properties have been acquired on behalf of MGPA's European property fund, MGP Europe Fund II. Sphere: Related Content

No comments:

Wikinvest Wire