- Gratifying return from the sale of the 'Sisli' property, which covers an area of 3,660 square metres
- Proceeds from the sale equate to 2 times the purchase price
- Sale will be recognised on MAGNAT's Q4 income statement
- Already sound cash position further strengthened
MAGNAT Real Estate Opportunities GmbH & Co. KGaA ('MAGNAT', ISIN DE000A0XFSF0) is able to announce the sale of the 'Sisli' property, which is part of the YKB portfolio and covers an area of 3,660 square metres. MAGNAT holds a 33.3% stake in the YKB portfolio and will receive EUR 8.5 million from the sale.
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