Brief: Far East Orchard Announces Acquisition Of Portfolio Of Two Student Accommodation Properties
08/11/2019 15:28
Nov 8 (Reuters) - Far East Orchard Ltd FARE.SI :
* ANNOUNCES ACQUISITION OF A PORTFOLIO OF TWO STUDENT
ACCOMMODATION PROPERTIES LOCATED IN LEEDS AND SHEFFIELD, UNITED
KINGDOM
* PURCHASE PRICE FOR ACQUISITION WAS APPROXIMATELY £66.5
MILLION
* UNIT ENTERED INTO A SALE AND PURCHASE AGREEMENT WITH EF IV
STUDENT PORTFOLIO HOLDING S.À R.L.
* ACQUISITION HAS BEEN COMPLETED TODAY, AND TARGET COMPANIES
ARE
NOW SUBSIDIARIES OF COMPANY
Source text for Eikon: ID:nSNZ6RvX17
Further company coverage: FARE.SI
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