| Sale and lease-back of UK distribution centre |
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| Tuesday, 04 September 2007 | |
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The distribution centre in the United Kingdom was sold to the Standard Life Investment Funds on 23 December 2003 for € 12.5 million (£ 8.785 million). Brantano simultaneously concluded a 20-year lease agreement based on normal market conditions. The buyer will obtain a yield of 6.824% on the basis of the agreed lease.
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