APT Axa Property Trust Limited

 
TIDMAPT 
 
26 August 2016 
 
AXA Property Trust Limited 
 
Completion of Sale at Dasing, Germany 
 
Following the Company's announcement on 16th June 2016, the Board of AXA 
Property Trust Limited is pleased to announce completion of the sale of the 
Company's property at Dasing,  Germany, for the price of EUR7.45 million, in line 
with the last reported independent valuation. In accordance with the terms of 
the Company's loan facility with CA-CIB, sales proceeds after disposal costs 
will be used to continue to pay down the Company's outstanding debt facility, 
which post-sale will reduce to EUR11.48 million. 
 
Further updates in respect of the sales of the Company's remaining three assets 
will be provided in due course. 
 
Enquiries: 
 
All Enquiries: 
 
 
Investment Manager 
AXA Investment Managers UK Limited 
Broker Services 
7 Newgate Street 
London EC1A 7NX 
Tel: +44 (0)20 7003 2345 
Email: broker.services@axa-im.com 
 
Corporate Broker 
Stifel Nicolaus Europe Limited 
150 Cheapside 
London EC2V 6ET 
Tel: +44 (0)20 7710 7600 
 
 
Company Secretary 
Northern Trust International Fund Administration Services (Guernsey) Limited 
Trafalgar Court 
Les Banques 
St Peter Port 
GY1 3QL 
Tel: +44 (0)1481 745324 
 
 
 
END 
 

(END) Dow Jones Newswires

August 26, 2016 11:08 ET (15:08 GMT)

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