Brief: Capelli Signs Land Acquisition In The City Of Luxembourg

Capelli SA

19/05/2022 17:42

May 19 (Reuters) - Capelli SA  ALCAP.PA :
    * CAPELLI SIGNS A HISTORIC LAND ACQUISITION  IN HOWALD CITY,
IN
THE CITY OF LUXEMBOURG
    * THE GROUP HAS ALREADY OBTAINED THE BUILDING PERMITS FOR
THIS
LARGE-SCALE REAL ESTATE PROGRAMME AND EXPECTS DELIVERY IN THE
SECOND HALF OF 2025
    * THIS PROGRAM WILL GENERATE REVENUES THIS YEAR REPRESENTING
€200
MILLION.
    * ONE OF THE LOTS WILL BE DEVELOPED IN PARTNERSHIP WITH
NOVAXIA
INVESTISSEMENT, AS CO-DEVELOPER

Source text: https://bit.ly/3wG73TJ
Further company coverage:  ALCAP.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))