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Provider: Wright Reports
Provider: Reuters Investment Profile

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Victoria Properties A/S Sells Victoria Property Management A/S; Maintains FY 2012 Pre-Tax Profit Guidance

Monday, 25 Feb 2013 04:50am EST 

Victoria Properties A/S announced that it has with effect from March 1, 2013 sold its subsidiary Victoria Property Management A/S to Habro & Finansgruppen Fund Management A/S. The sale is part of the Board's decision to divest its property portfolio. Victoria Property Management A/S is being divested, as this activity is not considered interesting for the buyer of the Company's property portfolio. The sales does not affect the expectations regarding fiscal year 2012 profit before tax and fair value adjustments which remain in a range of between negative EUR 2.0 million and negative EUR 2.5 million. 

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