TIDMERET

RNS Number : 8589R

European Real Estate Inv Tst Ltd

01 July 2015

European Real Estate Investment Trust Limited

Valuation Announcement

The Board of European Real Estate Investment Trust Limited (the "Group") announces the valuation of the Group's property portfolio as at 30 June 2015.

The value of the property portfolio as at 30 June 2015 was EUR53.6 million. This compares, on a like-for-like basis to a 31 December 2014 value of EUR53.7 million, a decrease of 0.2%.

The valuations are provided by the independent valuer (CBRE) in accordance with the Royal Institution of Chartered Surveyors (RICS) Appraisal and Valuation Standards and show the "Market Value" assuming an asset sale of each property and allow for acquisition costs incurred by purchasers.

This announcement is not a preliminary statement of the Group's half year interim results. The financial information contained herein is not audited and is subject to change. The Group expects to publish its interim results for the half year ended 30 June 2015 in August 2015.

For further information, please contact:

Praxis Fund Services Limited

   Shona Darling                                      Phone: +44(0) 1481 755528

Cenkos Securities plc

   Will Rogers                                           Phone: +44 (0) 20 7397 1920 
   Sapna Shah                                          Phone: +44 (0) 20 7397 1922

Schroder Property Investment Management Ltd

   Duncan Owen / Tony Smedley             Phone: +44(0) 20 7658 6000

This information is provided by RNS

The company news service from the London Stock Exchange

END

PFUSSAFSFFISELW

European Real E (LSE:ERET)
Historical Stock Chart
Von Dez 2024 bis Jan 2025 Click Here for more European Real E Charts.
European Real E (LSE:ERET)
Historical Stock Chart
Von Jan 2024 bis Jan 2025 Click Here for more European Real E Charts.