Home Improvement Retailer Sells 16 Stores for $154M (GlobeSt.com)

DORTMUND, GERMANY-Hellweg Die Profi-Baumärkte GmbH & Co. KG, a major home improvement retailer in Germany, has sold 16 retail facilities for $154 million in exchange for a 25-year leaseback agreement. Hellweg operates 73 stores across Germany and seven in Austria. more...

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Originally Posted on 7/1/2005 1:48:09 AMContent source: http://us.rd.yahoo.com/dailynews/rss/search/home+improvement/SIG=11sm82ttb/*http%3A//www.globest.com/news/316_316/global/135719-1.html