Züblin sells retail property in Tuttlingen (DE)

Züblin Immobilien Holding AG today announced that its subsidiary in Germany had concluded the sale of its 4,900-m² fully-let retail property in Tuttlingen. The sales price after tax was in line with its IFRS fair value as of March 31, 2009.

The sale of this property is consistent with the Company's strategy to concentrate its investment holdings on energy efficient office properties in a few selected cities in Switzerland, France and Germany.

Source: Züblin Immobilien Holding AG

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