TECLA FONDO UFFICI
PRELIOS SGR APPROVES INTERIM REPORT AT 31 MARCH 2015
AT THE END OF Q1 2015 THE FUND UNIT VALUE EXCEEDS THE UNIT VALUE AT 31 DECEMBER 2014 RECORDING A 2.5% INCREASE, FROM EURO 125.5 ON 30 DECEMBER 2014 TO EURO 128.7 ON 31 MARCH 2015
Milan, 30 April 2015 – Prelios SGR Board of Directors, which held its meeting on today’s date, approved the interim report at 31 March 2015 of Tecla Fondo Uffici, a listed real estate investment fund.
In Q1 2015, Fondo Tecla entered into a binding agreement for the sale of the properties used as telephone exchanges located in Milan, Via Plana 38, and Cassina de’ Pecchi, Strada privata per Cascina Malpaga snc, for a price in line with market value at 31 December 2014.
In Q1 2015, the following lease contracts were finalized:
- Rome, via Del Serafico 200: about 3,400 sqm for retail use, warehouses and parking spaces leased to a tenant operating in the large retail sector, with a term of 9+6 years, and with an annual stabilised rent of euro 300,000;
- Turin, via Bertola 34: telephone antenna with a term of 9+6 years and with an annual rent of euro 15,000;
- Properties used as telephone exchange (with the exception of those aforementioned): a binding agreement was entered into with the current tenant finalized to the re-negotiation of the existing lease contracts, envisaging a substantial extension of the first contract term against an adjustment of the rent in line with current market conditions. It should be noted that the signing of new lease contracts took place on April 29, 2015.
As anticipated in the press release of 26 March 2015, the SGR Board of Directors resolved upon a partial unit reimbursement to the Fund’s Unitholders for an amount equal to euro 3 mln (equal to euro 4.63 per unit). Such reimbursement was made with date of payment on 9 April 2015.
The interim report of Tecla Fondo Uffici will be made available to the public at the offices of Prelios SGR, Borsa Italiana, the Depositary Bank State Street Bank S.p.A. and on the Company’s website at www.fondotecla.com.
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