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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Allianz Ag Muenchen Namen (PK) | USOTC:ALIZF | OTCMarkets | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 286.402 | 286.402 | 286.402 | 0.00 | 01:00:00 |
From May 2019 to May 2024
By Jaime Llinares Taboada
British Land Co. said Wednesday that it has agreed the sale of a 75% interest in three buildings in the West End of London for 401 million pounds ($535.9 million).
The FTSE 100 real-estate group said the sale is to Allianz Real Estate and represents a blended net initial yield of 4.32%, and a premium to the September book value. The deal is expected to close in January.
"Having delivered outstanding office space and attracted high quality occupiers, we are thrilled to have secured Allianz Real Estate as our partner and crystallized significant value for shareholders," Chief Executive Simon Carter said.
British Land said the transaction brings its fiscal 2021 asset disposals to date to GBP1.1 billion.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT
(END) Dow Jones Newswires
December 23, 2020 02:26 ET (07:26 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
1 Year Allianz Ag Muenchen Namen (PK) Chart |
1 Month Allianz Ag Muenchen Namen (PK) Chart |
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