Brief: Akfen REIT Signs Share Transfer Agreement For Selling Merit Park Hotel To Merit Kibris Turizm At $70 Mln

Akfen Gayrimenkul Yatirim Ortakligi

13/04/2023 16:25

April 13 (Reuters) - AKFEN GAYRIMENKUL YATIRIM ORTAKLIGI
AS  AKFGY.IS :
    * AKFEN REIT SIGNS SHARE TRANSFER AGREEMENT FOR SELLING
MERIT PARK
HOTEL TO MERIT KIBRIS TURIZM AT $70 MILLION
    * AKFEN REIT - PROCEEDINGS OF SALE TO BE USED FOR EARLY
REPAYMENT
OF EUR 30 MILLION LOAN AS WELL AS FOR NEW AND ONGOING
INVESTMENTS WITH REMAINING PORTION.

Source text for Eikon:  ID:nIKAb261QM 
Further company coverage:  AKFGY.IS 

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