Brief: Genova Divests Two Hotel Properties In Palma, Mallorca For SEK 410 Mln

Genova Property AB

03/07/2023 06:33

July 3 (Reuters) - Genova Property Group AB  GPGR.ST :
    * GENOVA DIVESTS TWO HOTEL PROPERTIES IN PALMA, MALLORCA FOR
APPROXIMATELY SEK 410M
    * GENOVA HAS SIGNED AN AGREEMENT TO DIVEST THESE ASSETS, TWO
FULLY
LEASED HOTEL PROPERTIES IN PALMA, MALLORCA, FOR APPROXIMATELY
EUR 35M, CORRESPONDING TO APPROXIMATELY SEK 410M
    * TRANSFER OF POSSESSION IS PLANNED FOR SEPTEMBER 2023

Source text for Eikon:  ID:nWkr73rwWN 
Further company coverage:  GPGR.ST 

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