Brief: Arcona Property Fund Acquires Real Estate Portfolio Of Secure Property Development & Investment PLC
Dec 17 (Reuters) - ARCONA PROPERTY FUND NV ARCPF.AS :
* EXPANDS THROUGH ACQUISITION OF REAL ESTATE PORTFOLIO OF
SECURE
PROPERTY DEVELOPMENT & INVESTMENT PLC
* PURCHASE WILL BE FINANCED BY ISSUE OF 2,102,804 NEW SHARES
IN
ARCONA PROPERTY FUND AND ACQUISITION OF EXISTING BANK LOANS
WORTH ABOUT € 30 MILLION
Source text: https://bit.ly/2EoZp6W
Further company coverage: ARCPF.AS
(Gdynia Newsroom)
((gdynia.newsroom@thomsonreuters.com;))