Disposal

RNS Number : 0224C

China Real Estate Opportunities PLC

05 November 2009

 



China Real Estate Opportunities plc

Disposal of interest in RREEF CCT

China Real Estate Opportunities plc (the "Company") (AIM: CREO) announces that it has disposed of 1,052,000 units (0.23%) in RREEF China Commercial Trust ("RREEF CCT"), a Hong Kong listed Real Estate Investment Trust, at an average price of HKD2.98 per unit, through on-market sales. Following these sales, the Company has a holding of 32,419,000 units (6.98%) in RREEF CCT.

Contact:

China Real Estate Opportunities plc

Ray Horney, Chairman

Tel: + 44 (0) 1273 775 225 

Sarah Moriarty, Investor Relations

Tel: + 353 1 618 9455

Matrix Corporate Capital LLP

Paul Fincham

Tel: + 44 (0) 20 3206 7000

Davy

Des Carville

Tel: + 353 1 679 6363

Citigate Dewe Rogerson Limited

Tom Baldock

Tel: + 44 (0) 20 7638 9571

Murray Consultants 

Ed Micheau

Tel: + 353 1 498 0300

 

END

 

 

DISBGBDBGBGGGCU