Brief: Cofinimmo To Build New Nursing And Care Home In Granada

Cofinimmo SA

22/11/2022 16:44

Nov 22 (Reuters) - Cofinimmo SA  COFB.BR :
    * TO BUILD A NEW NURSING AND CARE HOME IN GRANADA (SPAIN)
    * THE INVESTMENT BUDGET FOR BOTH THE PLOT OF LAND AND THE
WORKS
AMOUNTS TO APPROXIMATELY 12 MILLION EUR
    * THE SITE IS PRE-LET TO GRUPO REIFS, THE LEADING OPERATOR
IN
ANDALUSIA
    * THE BUILDING WILL HAVE A TOTAL SURFACE AREA OF
APPROXIMATELY
9,100 M² AND WILL OFFER 180 BEDS
    * WORKS ARE EXPECTED TO START IN Q4 2022, WITHIN THE
FRAMEWORK OF
A TURNKEY PROJECT
    * DELIVERY OF THE NURSING AND CARE HOME IS CURRENTLY
SCHEDULED FOR
Q4 2024, WHEN THE LEASE WILL START.
    * AMOUNTS CORRESPONDING TO THE CONSTRUCTION WORKS WILL BE
PAID
ACCORDING TO THE PERCENTAGE OF COMPLETION OF THE PROJECT.

Source text for Eikon:  ID:nNDL7SJF1M 
Further company coverage:  COFB.BR 
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))