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RTX — M&A Activity 2015
Dec 23, 2015
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Download source fileIt has previously been announced that RTX have examined the possibilities of
selling the head office in Nørresundby. The purpose of the sale is to increase
the company’s strategic freedom and focus our financial resources on
international business development within wireless technological solutions
(ref. announcement no. 65).
Colliers International A/S have assisted and advised RTX in the process of
examining the possiblities of the best possible transfer of the building.
On this background RTX have today entered an agreement about sale of the
building to a company primarily owned by an institutional investor and is
administrated by Kristensen Properties A/S. On behalf of institutional,
financial and private investors, Kristensen Properties administrates property
investments at a value of more than DKK 10.0 billion.
With the agreement RTX sell the building as per 1 January 2016, and RTX enter
an agreement about a 10 years’ partial lease of the premises. The sale is
expected to generate revenue of approx. DKK 71.5 million. Today the building
functions as a Business Park with a number of external leases. The new owner of
the building will continue this activity.
The consequences of the agreement concerning the building are included in the
announced expectations for 2015/16 (ref. announcement no. 65).
Yours sincerely,
RTX A/S
Jacob Vittrup, CFO
For further information please contact:
CFO Jacob Vittrup, tel.+45 96 32 23 00