Brief: Care Property Invest Signs Agreement To Acquire An Irish Residential Care Centre

Care Property Invest NV

15/03/2022 16:51

March 15 (Reuters) - Care Property Invest NV  CPINV.BR :
    * SIGNS AGREEMENT TO ACQUIRE AN IRISH RESIDENTIAL CARE
CENTRE
    * THE FORMAL CLOSING IS EXPECTED TO TAKE PLACE IN THE COURSE
OF
THE SECOND QUARTER OF 2022, AFTER WHICH THE PROJECT WILL ALSO
GENERATE ADDITIONAL INCOME FOR THE COMPANY
    * THE TOTAL CONVENTIONAL VALUE OF THE PROJECT AMOUNTS TO
APPROXIMATELY €26.7 MILLION AND THE TRANSACTION WILL TAKE PLACE
IN THE FORM OF AN ASSET DEAL
    * TRANSACTION WILL TAKE PLACE IN THE FORM OF AN ASSET DEAL
    * CARE PROPERTY INVEST WILL ACQUIRE THE REAL ESTATE OF THIS
PROJECT THROUGH ITS IRISH SUBSIDIARY, CARE PROPERTY INVEST
EMERALD LTD


Further company coverage:  CPINV.BR 

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