Brief: Esr-Logos REIT To Divest 3 Sanitarium Drive In Australia

ESR-REIT

25/05/2022 03:15

May 25 (Reuters) - ESR-Logos REIT  ESRO.SI :
    * ESR-LOGOS REIT TO DIVEST 3 SANITARIUM DRIVE IN AUSTRALIA
    * SALE CONSIDERATION OF S$53.4 MILLION
    * NET PROCEEDS FROM DIVESTMENT WILL BE DEPLOYED TO REPAY
OUTSTANDING BORROWINGS, FINANCE UPCOMING ASSET ENHANCEMENTS,
AMONG OTHERS
    * DIVESTMENT OF PROPERTY IS NOT EXPECTED TO HAVE A MATERIAL
IMPACT
ON ESR- LOGOS REIT'S DISTRIBUTION PER UNIT FOR FY22

Source text for Eikon:  ID:nSNVCn0h 
Further company coverage:  ESRO.SI 

 ((Reuters.Briefs@thomsonreuters.com;))