Thursday, March 29, 2007
RTL Group Completes Sale Leaseback of Office Building Near Brussels
Belgian daily De Standaard reports that Cofinimmo SA will buy a recently completed office building in Schaarbeek, near Brussels, from German TV broadcaster RTL Group in a 15-year sale leaseback deal. The deal is expected to bring a substantial gain to RTL, which has invested 40 mln euro ($53.2 mln) in the building.
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