BT To Sell Global Headquarters For 209.6 Mln Stg [Reuters]
BT GROUP (BT)
US:NYSE Investor Relations:
btplc.com/sharesandperformance/contactus/contactinvestorrelations/contactinvestorrelations.htm
Company Research
Source: Reuters
BT Group PLC (BT.N) Key Developments | Reuters.com July 17 (Reuters) - BT Group PLC ::BT SELLS LONDON HQ.PROPOSED DEAL FOR £209.55 MILLION.SALE OF 300,000 SQ FT OFFICE BUILDING IS PART OF BT'S PREVIOUSLY ANNOUNCED WIDE-RANGING BUSINESS TRANSFORMATION PROGRAMME.DEAL INCLUDES AN INITIAL LEASEBACK AGREEMENT OF 30 MONTHS DURING WHICH TIME BT WILL MOVE ITS HEADQUARTERS TO A NEW LONDON LOCATION.EXPECTS TO ANNOUNCE DETAILS OF ITS NEW HEADQUARTERS SHORTLY.AGREED SALE OF GLOBAL HEADQUARTERS, BT CENTRE, TO ORION EUROPEAN REAL ESTATE FUND V, MANAGED BY ORION CAPITAL MANAGERS. Full Article July 3 (Reuters) - BT Group PLC ::BT ANNOUNCES IFRS 16 19/20 OUTLOOK & OTHER CHANGES.BT EXPECTS IFRS 16 TO HAVE A POSITIVE IMPACT ON 2019/20 EBITDA OF C.£0.7BN, WITH NO IMPACT ON REVENUE OR CASH FLOW.BT DOES NOT EXPECT ADOPTION OF IFRS16 TO IMPACT ITS CREDIT RATING. Full Article July 2 (Reuters) - BT Group PLC ::BT WILL LAUNCH 5G THIS AUTUMN FOR BT AND BT BUSINESS CUSTOMERS.BT'S 5G SERVICE WILL BE AVAILAB
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