KEIF Kenmore Euro

 

TIDMKEIF 
 
RNS Number : 1777D 
Kenmore Euro Industrial Fund Ltd 
27 November 2009 
 

27 November 2009 
 
 
Kenmore European Industrial Fund ("KEIF"/ "Fund') 
 
 
KENMORE EUROPEAN INDUSTRIAL FUND COMPLETES 
SALE OF BELGIAN ASSET 
 
 
Kenmore European Industrial Fund today announces that it has sold two light 
industrial units in the town of Houthalen, for a total consideration of EUR390,000 
net.The purchaser, Hobe, was the tenant of one of the units who also purchased 
an adjoining vacant unit. The price is in excess of the last valuation. 
 
 
The units provide a total area of 8,826 sq ft (820 sq m) and form part of a 
larger estate owned by KEIF comprising a total of 53,443 sq ft (4,965 sq m). 
 
 
This latest KEIF asset sale follows the recent disposal of an office building in 
Aulnay-sous-Bois, in France. 
 
 
Rob Brook, Managing Director of Kenmore Financial Services Limited, commented: 
 
 
"This sale supports our ongoing strategy to sell this asset on a unit by unit 
basis.  Following the sales announced earlier in the year, a total of five units 
out of the original 11 have now been sold and negotiations continue on other 
sales." 
 
 
 
 
 
 
 
 
-ENDS- 
 
 
For further information, please contact: 
 
 
Denise Hamilton, Marketing Manager, Kenmore Financial Services Limited 
0131 226 9000 
denise.hamilton@kenmore.co.uk 
 
 
Stephanie Highett / Dido Laurimore / Olivia Goodall, Financial Dynamics 
Tel: 020 7831 3113 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 DISPUGQAGUPBGMQ 
 

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