Brief: German High Street Properties Planned Project Sale

German High Street Properties A/S

01/06/2023 06:14

May 31 (Reuters) - German High Street Properties A/S
 GERHSP.CO :
    * SAID ON WEDNESDAY CO PLANNED PROJECT SALE OF THE PROPERTY
HESSELVANG 11, GRENAA
    * ACQUIRED PROPERTY IS LEASED TO ELGIGANTEN ON A 10-YEAR
CONTRACT
FOR A TOTAL PURCHASE PRICE OF APPROX. EUR 5.1 MILLION (DKK 38.0
MILLION) INCLUDING PURCHASE COSTS
    * PROPERTY WILL BE NEWLY CONSTRUCTED, IS EXPECTED TO BE
READY FOR
OCCUPANCY IN NOVEMBER 2023

Source text for Eikon:  ID:nGNEHgwZz 
Further company coverage:  GERHSP.CO 

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