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Washington H. Soul Pattinson and Co. Limited (ASX:SOL) has completed the sale of two distribution centres for $153 million.The investment company says the transactions should generate a pre-tax profit of around $26 million, $17 million of which was taken up in the 2014 financial year as a revaluation gain.The properties were sold with long term leases to Super Retail Group (SUL:ASX).The centres were developed and managed by Pitt Street Real Estate Partners and held in the Australian Logistics Property Fund.Washington H. Soul Pattinson and Co. Reported a net profit of $155.6 million in the 2014 financial year.
News: Washington H. Soul completes warehouse sale
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Last
$42.51 |
Change
-0.590(1.37%) |
Mkt cap ! $15.63B | |||
| Open | High | Low | Value | Volume |
| $43.45 | $43.57 | $42.49 | $51.24M | 1.194M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 223 | $42.51 |
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| Price($) | Vol. | No. |
|---|---|---|
| $42.63 | 1744 | 1 |
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| SOL (ASX) Chart |