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Provider: ValuEngine, Inc.
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Provider: Reuters Investment Profile
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Provider: ValuEngine, Inc.
$25.00
Provider: ValuEngine, Inc.
$25.00

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Risanamento SpA sells Paris properties to Chelsfield for 1.2 bln euros-Reuters


Thursday, 23 Jan 2014 07:00pm EST 

Risanamento SpA:Italian property company Risanamento said on Jan. 24 it had accepted an offer from Chelsfield/The Olayan Group to buy a portfolio of property located in Paris for 1.225 billion euros-Reuters.In a statement Risanamento said it would cash in more than 230 million euros after stripping out debt relating to the property when the deal closed.The company said it would make a consolidated capital gain of more than 280 million euros. 

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