Nov 1 (Reuters) - Cemat A/S CEMAT.CO :
* CEMAT OBTAINS LEGAL TITLE TO LAND PLOT
* HAS OBTAINED BINDING DECISION CONFIRMING ACQUISITION BY
LAW OF
RIGHT OF PERPETUAL USUFRUCT (RPU) TO DEVELOPED PLOT OF LAND ON
WÓLCZYŃSKA STREET, IN BIELANY DISTRICT OF WARSAW
* AREA OF PLOT COVERED BY DECISION IS OF 13,033 SQM, WITH
RIGHT OF
PERPETUAL USUFRUCT ESTABLISHED UNTIL 2089
* NEWLY ISSUED DECISION CHANGES CONTROL OF PLOT FROM RIGHT
OF
POSSESSION TO RIGHT OF PERPETUAL USUFRUCT
* FINAL VALUE OF PROPERTY WILL BE CONFIRMED IN INDEPENDENT
VALUATION
* BINDING DECISION PROVIDES LEGAL BASIS FOR ENTERING RIGHT
OF
PERPETUAL USUFRUCT (RPU) IN LAND AND MORTGAGE REGISTER
Source text for Eikon: ID:nGNE6Prhcf
Further company coverage: CEMAT.CO
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))