Brief: Arcona Property Fund Closes Lease Agreement With Gemar Supermarket

Arcona Property Fund NV

03/12/2018 07:11

Dec 3 (Reuters) - ARCONA PROPERTY FUND NV  ARCPF.AS :
    * HAS FOUND A NEW TENANT FOR THE SUPERMARKET SPACE IN ITS
SHOPPING
CENTER IN GLOGOW, POLAND.
    * NEW TENANT IS GEMAR SUPERMARKET SP. Z.O.O., A FRANCHISEE
OF THE
WELL-KNOWN POLISH SUPERMARKET CHAIN STOKROTKA
    * NEW LEASE AGREEMENT WILL TAKE EFFECT ON DECEMBER 1, 2018
AND HAS
A TERM OF TEN YEARS
    * ANNOUNCES THAT IT HAS EXTENDED A CURRENT LOAN OF AN
INVESTOR OF
€ 2 MILLION AT PORTFOLIO LEVEL.
    * LOAN AGREEMENT HAS BEEN EXTENDED BY SIX MONTHS UNTIL 23
JUNE
2019 AT THE SAME CONDITIONS.

Source text: https://bit.ly/2FWItam
Further company coverage:  ARCPF.AS 

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