From VPG ann"Valad Property Group (ASX:VPG) today announced the...

From VPG ann

"Valad Property Group (ASX:VPG) today announced the sales of eleven New Zealand investment assets for NZ$41.2m, four investment assets in Australia for A$36.1m and three Australian development sites for A$68.7m. Combined, these sales of balance sheet assets have raised A$138.7m, the proceeds of which will be applied to debt."

and

"Separately, within Valad’s managed funds, approximately A$65m was raised from the sale of an eight asset portfolio from Nordic Aktiv Funds 1 and 2, the proceeds of which will be applied against debt in those vehicles."


Ultratraderman "we need the bad news to come out now" just hold tight, i am sure we will have another rag article about VPG ,full of 'some say','sources suggest''market speculation','industry source says' and the ever popular 'priced for extinction'.