Brief: Care Property Invest To Acquire Monumental Care Residence In Bloemendaal

Care Property Invest NV

18/06/2024 16:58

June 18 (Reuters) - Care Property Invest NV  CPINV.BR :
    * CARE PROPERTY INVEST SIGNS AGREEMENT TO ACQUIRE MONUMENTAL
CARE
RESIDENCE IN BLOEMENDAAL
    * TOTAL INVESTMENT VALUE FOR THE PROJECT IS ESTIMATED TO BE
APPROXIMATELY €10.2 MILLION.
    * BASED ON A NEW LONG-TERM RENTAL AGREEMENT OF THE ‘TRIPLE
NET’
TYPE WITH A DURATION OF MINIMUM 20 YEARS
    * THE TRANSACTION TAKES PLACE IN THE FORM OF AN ASSET DEAL,
WHEREBY CARE PROPERTY INVEST WILL ACQUIRE THE REAL ESTATE OF
THIS PROJECT THROUGH ITS DUTCH SUBSIDIARY CARE PROPERTY INVEST
    * AND DOMUS VALUAS ARE ALSO MAKING A JOINT COMMITMENT TO
REALISE
ANOTHER GATEHOUSE WITH SIX ADDITIONAL APARTMENTS, AFTER
OBTAINING AN IRREVOCABLE AND ENFORCEABLE ENVIRONMENTAL PERMIT
    * FULFILMENT OF THE SUSPENSORY CONDITIONS - EXPECTED IN Q4
2024.

Source text: https://tinyurl.com/4m2ebc3v
Further company coverage:  CPINV.BR 

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