June 18 (Reuters) - CARE PROPERTY INVEST NV CPINV.BR :
* ANNOUNCED ON WEDNESDAY AGREEMENT UNDER SUSPENSORY
CONDITIONS FOR
ACQUISITION OF RESIDENTIAL CARE CENTRE WITH ASSISTED LIVING
APARTMENTS TO BE DEVELOPED 'DUNGELHOEFF', LOCATED IN LIER
* UPON COMPLETION OF PROJECT (EXPECTED END OF 2021) CARE
PROPERTY
INVEST WILL ACQUIRE 100% OF SHARES IN APOLLO LIER NV, OWNER OF
REAL ESTATE ON CLOSING DATE
* PROPERTY WILL HAVE ESTIMATED TOTAL INVESTMENT COST OF
APPROXIMATELY EUR 26.5 MLN, WHICH WILL BE FULLY FINANCED WITH
LOAN CAPITAL
Source text for Eikon: urn:newsml:reuters.com:*:nNDLCyzDM
Further company coverage: CPINV.BR
(Gdansk Newsroom)
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