Announcement for the sale of LAMDA Hellix S.A.
LAMDA Development S.A. announces that on 20/5/2013 it transferred 80% of the share capital that held at LAMDA Hellix S.A., for a total consideration price of 4.133.000,00 euro. The buyer is LAMDA HELLIX DATA CENTERS LIMITED, company controlled by the minority shareholders. The accumulated return of the five year period investment amounts to 330%.
The sale is consistent with the Company's strategy to focus its activities on the real estate development and property management sectors.