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PLAZA CENTERS N.V.: DISPOSAL OF LAND PLOT IN BUDAPEST, HUNGARY

2017-10-02 17:16
publikacja
2017-10-02 17:16
Spis treści:

1. REPORT

2. INFORMATION ABOUT THE ENTITY

3. SIGNATURE OF PERSONS REPRESENTING THE COMPANY


Spis załącznikĂłw:
17_10_02_Arena__final_sale_agreement_20170929_FTI_DK2_(4).pdf  (REPORT)

POLISH FINANCIAL SUPERVISION AUTHORITY
UNI - EN REPORT No 38 / 2017
Date of issue: 2017-10-02
Short name of the issuer
PLAZA CENTERS N.V.
Subject
DISPOSAL OF LAND PLOT IN BUDAPEST, HUNGARY
Official market - legal basis
Unofficial market - legal basis
Contents of the report:
Plaza Centers N.V. (“Plaza” or the “Company”) announces that it has concluded an agreement with an international investor, NEPI Rockcastle, on the termination of land use rights over a circa 21,788 sqm land plot adjoining Arena Plaza in Budapest, Hungary, registered to a subsidiary of the Company, Kerepesi 5 Irodaépület Kft (“K5”). The transaction also includes the termination of the preliminary easement agreement, which provided K5 with certain easement rights over the plot. NEPI Rockcastle is the largest listed retail centre owner in CEE and recently acquired the Arena Plaza shopping centre from a third party.

As a result of the agreement, K5 will receive a net sum of €2,500,000. At least 75% of the net proceeds received from the disposal will be distributed to the Company’s bondholders in the next quarterly payment.


Ends


For further details, please contact:
Plaza
Dori Keren, CEO +48 22 231 99 00

FTI Consulting
Dido Laurimore / Claire Turvey / Tom Gough +44 20 3727 1000


Notes to Editors

Plaza Centers N.V. (www.plazacenters.com) is an emerging markets developer of shopping and entertainment centres. It focuses on constructing new centres and, where there is significant redevelopment potential, redeveloping existing centres in both capital cities and important regional centres. The Company is listed on the Main Board of the London Stock Exchange, as of 19 October 2007, on the Warsaw Stock Exchange (LSE: “PLAZ”, WSE: “PLZ/PLAZACNTR”) and, on the Tel Aviv Stock Exchange. Plaza Centers N.V. is an indirect subsidiary of Elbit Imaging Ltd. (“EI”), an Israeli public company whose shares are traded on both the Tel Aviv Stock Exchange in Israel and on the NASDAQ Global Market in the United States. Plaza Centers has been active in real estate development in emerging markets for over 21 years.
Annexes
File Description
17 10 02 Arena_ final sale agreement_20170929 FTI_DK2 (4).pdf17 10 02 Arena_ final sale agreement_20170929 FTI_DK2 (4).pdf

PLAZA CENTERS N.V.
(fullname of the issuer)
PLAZA CENTERS N.V. Budownictwo (bud)
(short name of the issuer) (sector according to clasification
of the WSE in Warsow)
1012 AC Amsterdam
(post code) (city)
Prins Hendrikkade 48-2
(street) (number)
(phone number) (fax)
(e-mail) (web site)
(NIP) (REGON)

SIGNATURE OF PERSONS REPRESENTING THE COMPANY
Date Name Position / Function Signature
2017-10-02 Dori Keren CEO
Źródło:Komunikaty spółek (ESPI)
Tematy
Najlepsze konta premium – wrzesień 2025 r.
Najlepsze konta premium – wrzesień 2025 r.
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