<ATCO LTD> SEES GAIN FROM SALE Atco Ltd said its Atco Development unit agreed to sell the Canadian Utilities Center in Edmonton, Alberta and the Canadian Western Center in Calgary. The sales, together with the previously-announced sale of Atco's Australian operations, will gross 114 mln dlrs and result in an after-tax gain of 31 mln dlrs, which will be reflected in Atco's fiscal year results. Its fiscal year ends March 31, the company said. In addition, the sales will produce 47 mln dlrs cash after debt reduction of 67 mln dlrs, Atco said.