Stenprop take significant step towards 100% MLI focus with sale of Berlin asset

Stenprop has exchanged contracts on the sale of its freehold interest in the Victoria Centre in Berlin to Art-Invest Real Estate Funds GmbH for €37.45 million. The disposal price is at our 30 September book value and reflects a 19.3% (€6.05 million) premium to the 31 March 2020 book value.

The di...