Brief: Tectona Capital Acquires Property With 42 Apartments

Cardeon AB (publ)

27/08/2019 08:03

Aug 27 (Reuters) - Tectona Capital AB  TCABb.NGM :
    * ACQUIRES PROPERTY WITH 42 APARTMENTS
    * PURCHASE PRICE AT USD 1.050.000
    * EXPECTS RENTAL INCOME OF ABOUT USD 140,000 YEARLY
    * SEES ROI TO BE OF BETWEEN 25% AND 30%

Source text for Eikon:  ID:nWkr2jnJ6g 
Further company coverage:  TCABb.NGM 

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