TIDMEEP

RNS Number : 6399S

Eastern European Property Fund Ltd

21 March 2016

Eastern European Property Fund Limited

("EEP" or the "Company")

Sale of Property

21 March 2016

On 18 March 2016, EEP completed the disposal of the shop on the ground floor and basement in the Nils Passaj property in Beyoglu, Istanbul, for a cash consideration of USD 372,000 (including VAT).

The proceeds from this disposal are in line with the latest independent property valuation. Following this disposal, the Company's only remaining interest in the Nils Passaj property is one office unit located on the fifth floor.

 
 For further information, please contact: 
 Tom Fyson                       Keiran Gallagher 
  Liberum Capital Limited         Pera Pera 
  Tel: +44 203 100 2000           Tel: +90 212 252 1641 
 
 Bob Locker 
  CNC Property Fund Management 
  Limited 
  Tel: +44 1784 424 740 
 
   Company website: www.eepfl.com.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 21, 2016 03:00 ET (07:00 GMT)

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