Ascencio divests among its Belgian portfolio

 

Ascencio is announcing today, 11 January 2024, the sale of its shopping complex in Jemappes (Belgium). A private investor has acquired this property for a net amount of €8.55 million, consistent with the fair value determined by the independent valuer.

The site covers an area of around 10,000 m², with Sportsdirect.com, Dreamland and Auto 5 being the main tenants.

This sale is part of the ongoing revaluation of the property portfolio.

The impact of this sale is estimated at - €0.01 per share on an annual basis on EPRA Earnings and at -0.7% on the Company's EPRA LTV. The proceeds of this transaction will enable Ascencio to increase the cash available on its credit lines, manage its debt ratio and thus be in a position to consider investment opportunities.

Attachment

  • PRESS RELEASE
Ascencio Sca (EU:ASCE)
Graphique Historique de l'Action
De Avr 2024 à Mai 2024 Plus de graphiques de la Bourse Ascencio Sca
Ascencio Sca (EU:ASCE)
Graphique Historique de l'Action
De Mai 2023 à Mai 2024 Plus de graphiques de la Bourse Ascencio Sca