Sale of Frankfurt Data Centre Site

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Regulatory News | 20 Dec, 2018

Updated : 10:26

RNS Number : 1230L
Alpha Real Trust Limited
20 December 2018
 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014.  Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain. 

 

LEI: 213800BMY95CP6CYXK69

20 December 2018

 

ALPHA REAL TRUST LIMITED ("ALPHA REAL TRUST" OR THE "COMPANY")

 

SALE OF FRANKFURT DATA CENTRE SITE

 

Alpha Real Trust announces that it has entered into a binding contract for the sale of its data centre site in Frankfurt for a cash consideration of €44.8 million. Completion of the sale is subject to certain agreed conditions being satisfied, including customary German local authority land transfer requirements.

Alpha Real Trust will make a further announcement on completion of the transaction.

 

For further information please contact:

Alpha Real Trust Limited

David Jeffreys, Chairman, Alpha Real Trust                         +44 (0) 1481 231 100

Brad Bauman, Joint Fund Manager, Alpha Real Trust       +44 (0) 20 7391 4700

Panmure Gordon, Broker to the Company

Richard Gray / Andrew Potts                                                      +44 (0) 20 7886 2500

Registered office: Old Bank Chambers, La Grande Rue, St Martin's, Guernsey, GY4 6RT

Alpha Real Trust Limited is advised by Alpha Real Capital LLP, which is authorised and regulated by the Financial Conduct Authority in the United Kingdom.


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