TIDMAPT 
 
16 June 2016 
 
AXA Property Trust Limited 
 
Update on Asset Disposals and the Company's Debt Facility 
 
The Board of AXA Property Trust Limited is pleased to announce that the Company 
has contracted for the sale of the property at Dasing, Germany at a sales price 
in line with valuation. Completion is due in August 2016. Sales proceeds after 
disposal costs will be used to continue to pay down the Company's outstanding 
debt facility. 
 
Following the sale of Dasing the Company's remaining assets will comprise a 
retail investment in Germany, a logistics property close to Milan and a cinema 
close to Bergamo. Both Italian assets are being marketed, whilst asset 
management initiatives to prepare the German asset for sale are being 
finalised. The Manager remains focussed on delivering disposals of the 
remaining assets in a timely manner and updates on further sales will be 
provided as they are agreed under contract. 
 
The Company is in advanced discussions with its lender, CACIB, to provide a 
short term extension to its debt facility with effect from 1st July 2016 and 
will issue a further announcement once this has concluded. 
 
Enquiries: 
 
All Enquiries: 
 
Investment Manager 
AXA Investment Managers UK Limited 
Broker Services 
7 Newgate Street 
London EC1A 7NX 
Tel: +44 (0)20 7003 2345 
Email: broker.services@axa-im.com 
 
Sponsor and Broker 
Stifel Nicolaus Europe Limited 
150 Cheapside 
London EC2V 6ET 
Tel: +44 (0)20 7710 7600 
 
Company Secretary 
Northern Trust International Fund Administration Services (Guernsey) Limited 
Trafalgar Court 
Les Banques 
St Peter Port 
GY1 3QL 
Tel: +44 (0)1481 745324 
 
 
 
END

(END) Dow Jones Newswires

June 16, 2016 10:12 ET (14:12 GMT)

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