Brief: CBO Territoria To Launch Construction Of Commercial Assets In Mayotte

Cbo Territoria SA

19/10/2021 07:06

Oct 19 (Reuters) - CBO Territoria SA  CBOT.PA :
    * LAUNCH OF WORK FOR A NEW SET OF COMMERCIAL ASSETS IN
COMBANI,
MAYOTTE
    * FIRST INVESTMENT OF €23 MILLION FOR 72,118 SQ FT OF
LEASABLE
AREA
    * DELIVERY EXPECTED 2ND HALF OF 2023
    * COMPLETION OF  THE SITE’S PREPARATION AND THE CONSTRUCTION
WORK
HAVE BEEN ASSIGNED TO THE COLAS GROUP
    * CREATION OF THE EQUIPMENT IS FINANCED BY THE BANQUE DES
TERRITOIRES AND THE AGENCE FRANÇAISE DE DÉVELOPPEMENT, IN EQUAL
SHARES
    * IN CONTINUITY WITH THE SHOPPING CENTER, CBO ALSO OWNS
215,278 SQ
FT OF LAND, WHICH  HAS BEEN GRANTED A DEVELOPMENT PERMIT AND ON
WHICH REAL ESTATE PROJECTS IN THE LAND AND PROMOTION SECTORS
WILL BE DEVELOPED

Source text for Eikon:  ID:nACT71550 
Further company coverage:  CBOT.PA 

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