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TMCNet:  Channel 7 move gold for Stokes

[February 24, 2013]

Channel 7 move gold for Stokes

Feb 24, 2013 (The Australian Financial Review - ABIX via COMTEX) -- Seven Network is preparing to sell a seven-hectare block of land in the Perth suburb of Dianella that it has owned since 2009. The studios that currently occupy the property will be relocated, as part of the integration of Seven and "The West Australian". Seven paid $A7.4m for the property, but it has since been rezoned and is expected to generate a significant profit.


Publication Date: 25 February 2013 SEVEN WEST MEDIA LIMITED - ASX SWM SEVEN NETWORK LIMITED WESTRAC HOLDINGS PTY LTD PACIFIC MAGAZINES PTY LTD YAHOO!7 COMMUNICATIONS AUSTRALIA PTY LTD CITY OF STIRLING NINE ENTERTAINMENT COMPANY PTY LTD NINE NETWORK AUSTRALIA LIMITED AUSTRALIAN CAPITAL EQUITY PTY LTD PERTH ENTERTAINMENT CENTRE

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