December 21, 2017 / 3:35 PM / in 6 months

BRIEF-TK Development Sells Project To Wagner Ejendomme ApS

Dec 21 (Reuters) - TK DEVELOPMENT A/S:

* REG-TK DEVELOPMENT SELLS 78-UNIT RENTAL PROPERTY AT ØSTRE HAVN, AALBORG, DENMARK

* PROJECT HAS BEEN SOLD TO WAGNER EJENDOMME APS UNDER A CONDITIONAL SALE AGREEMENT

* TOTAL SELLING PRICE IS DKK 161.3 MILLION, INCLUSIVE OF VAT.

* TK DEVELOPMENT’S SHARE OF PROFIT FROM PROJECT IS 70% Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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