Brief: CIBT Subsidiary Limited Partnership Signs Formal Agreement To Sell Property For $70 Mln

Global Education Communities

03/12/2019 12:11

Dec 3 (Reuters) - CIBT Education Group Inc  MBA.TO :
    * PRESS RELEASE - CIBT SUBSIDIARY LIMITED PARTNERSHIP SIGNS
FORMAL
AGREEMENT TO SELL PROPERTY FOR $70 MILLION
    * CIBT EDUCATION GROUP- UNIT TO ENTER MASTER LEASE AGREEMENT
WITH
PURCHASER TO CONTINUE OPERATING PROPERTY UNDER GEC BRAND &
GENERATE RENTAL INCOME FOR 10 YEARS

Source text for Eikon:  ID:nGNX9WpFlT 
Further company coverage:  MBA.TO 

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