Brief: Garda Diversified Property Fund Says Sentinel Property Group Satisfied Due Diligence

Garda Diversified Property Fund

27/11/2023 01:29

Nov 27 (Reuters) - Garda Diversified Property Fund
 GDF.AX :
    * ADVISED BY SENTINEL PROPERTY GROUP THAT DUE DILIGENCE
CONDITION
FOR PURCHASE OF BOTANICCA 7 AND 9 HAS BEEN SATISFIED
    * SETTLEMENT OF A$80 MILLION SALE WILL THEN TAKE PLACE 14
DAYS
LATER, BY 5 FEBRUARY 2024
    * ALL NET SALE PROCEEDS FROM SALE WILL BE APPLIED TO REDUCE
GARDA'S VARIABLE RATE SENIOR DEBT

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