APG|SGA sells its property in the city of Basel - the sale will generate net positive income of approx. CHF 18 million
The disposal process has resulted in the signing of a sale contract for the property, which is due to change hands on 30 June 2016. The sale will generate net positive income of approx. CHF 18 million for APG|SGA SA. This sum comprises the selling price after deducting book value, taxes and transaction costs.
For the time being, all units of APG|SGA Basel will remain at Hardstrasse as tenants.
APG|SGA AG, Beat Hermann, CFO
Giesshübelstrasse 4, 8045 Zürich, firstname.lastname@example.org
APG|SGA, Allgemeine Plakatgesellschaft AG
APG|SGA AG is Switzerland's leading Out of Home media company. Listed on the SIX Swiss Exchange in Zurich, APG|SGA covers all aspects of Out of Home advertising: on the street, at the airport, in shopping centers and railway stations, in mountain regions and on public transport - from poster campaigns with the widest coverage and large poster spaces to state of the art digital advertising media, special advertising formats and promotions. When communicating with customers, authorities and the advertising industry, APG|SGA represents sustainability, innovation and expertise.