Brief: Aedas To Buy Land Portfolio In Spain For 129 Mln Euros

Aedas Homes

10/12/2024 06:11

Dec 10 (Reuters) - Aedas  AEDAS.MC :
    * SAYS IT HAS SIGNED AN AGREEMENT WITH A PRIVATE DEVELOPER
TO
ACQUIRE A LAND PORTFOLIO FOR ABOUT 129 MILLION EUROS 
    * THE PORTFOLIO HAS AN ESTIMATED DEVELOPMENT CAPACITY OF
ABOUT
2,800 RESIDENTIAL UNITS, THE VAST MAJORITY OF WHICH ARE LOCATED
IN THE MADRID REGION
    * THE CLOSING OF THIS TRANSACTION IS EXPECTED TO TAKE PLACE
IN THE
COMING WEEKS

        
 Source text: https://tinyurl.com/2masn8fv
 Further company coverage:  AEDAS.MC  

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))