Brief: KMC Properties Acquires Industrial Property

Bevest ASA

12/07/2021 13:20

July 12 (Reuters) - Kmc Properties ASA  KMCP.OL :
    * KMC PROPERTIES ACQUIRES INDUSTRIAL PROPERTY WITH LONG-TERM
LEASE
AT
    * ACQUIRES INDUSTRIAL PROPERTY WITH LONG-TERM LEASE AT
MONGSTAD
FOR NOK 285 MILLION
    * INITIAL LEASE TERM OF 12 YEARS, WITH OPTION OF A TEN-YEAR
EXTENSION
    * HAS ACQUIRED AN INDUSTRIAL PROPERTY WITH A 12-YEAR LEASE
AGREEMENT AT MONGSTAD, NORWAY, FROM RAGDE EIENDOM AS
    * ACQUISITION WILL BE FINANCED THROUGH A COMBINATION OF BANK
LOAN
AND EQUITY.

Source text for Eikon:  ID:nObiHswcKa 
Further company coverage:  KMCP.OL 

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