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IERET net asset value falls

By BFN News | 03:27 PM | Friday 29 May, 2015


Invista European Real Estate Trust SICAF's unaudited net asset value per share decreased by 42% in the six months to the end of March including the reduction in valuation of the Company's property portfolio by �?¬7.4m (2.64%) in the first six months of the financial year on a like for like basis. Including the effect of the sale of the Heusenstamm property, which was completed post quarter end, the property portfolio was valued at �?¬235.1m on 31 March (30 September: �?¬231.2m; 31 December: �?¬234.4m on a like-for-like basis) and comprised 27 properties. At 3:27pm: (LON:IERE) Invista European Real Estate Trust share price was -0.1p at 0.73p Story provided by StockMarketWire.com

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