Eastern European Property : EEP – results

Eastern European Property has released figures to the end of December 2013. These are quite out of date now but they show the net asset value was just about static – rising slightly from 105.03p to 105.19p. The discount widened however as the share price fell to 70.75p from 87.5p.

Over 2013 they sold £2.5m of property and bought back £1.6m of shares. Since the end of the period they sold two buildings for $1.6m (double their historic cost) and they have bought back a further £400,000 worth of shares.


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