Brief: KMC Properties ASA Entered A Conditional Long-Term Lease Agreement For Property With BEWI

Bevest ASA

08/07/2021 17:15

July 8 (Reuters) - Kmc Properties ASA  KMCP.OL :
    * ENTERED A CONDITIONAL LONG-TERM LEASE AGREEMENT FOR
PROPERTY
WITH BEWI AND ENTERED AN AGREEMENT FOR PRE-PROJECT PHASE
    * CONSTRUCTION COST IS ESTIMATED TO BE ABOVE NOK 100
MILLION, AND
YIELD-ON-COST IS SET ON 7.5 PER CENT

Source text for Eikon:  ID:nObiD4wCWa 
Further company coverage:  KMCP.OL 

 ((Reuters.Briefs@thomsonreuters.com;))