StockMarketWire.com - Secure Property Development & Investment said it had agreed to sell its Victini logistics property in Greece to Brook Lane Capital for €12.5m, including €10.3m of debt.

The company said it would also receive €0.6m from the property's previous owner, to be paid in the next 18 months, making for total cash proceeds of €2.6m.

The transaction was in line with the company's strategy to realise value from its South Eastern European property portfolio.

At 1:28pm: [LON:SPDI] Secure Property Development Investment Plc share price was 0p at 9p



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