Brief: Grit Real Estate Income Group Gets Formal Conditional Offer To Buy AnfaPlace Mall

Grit Real Estate Income

16/03/2022 07:27

March 16 (Reuters) - Grit Real Estate Income Group Ltd
 DEL.MZ :
    * GRIT REAL ESTATE INC  - UPDATE ON THE ANFAPLACE MALL
POTENTIAL
DISPOSAL
    * GRIT REAL ESTATE INCOME GROUP LTD - RECEIVED A FORMAL
OFFER TO
ACQUIRE ANFAPLACE MALL WITH A NUMBER OF CONDITIONS PRECEDENT
    * GRIT REAL ESTATE INCOME GROUP LTD - CONFIRMS THAT PRICING
UNDER
DISCUSSION REPRESENTS A SMALL DISCOUNT TO LATEST BOOK VALUE AS
AT 31 DECEMBER 2021
    * GRIT REAL ESTATE INCOME GROUP LTD - TARGETING SALE OF
NON-CORE
ASSETS OF UP TO 20% OF VALUE OF GROUP'S PORTFOLIO BY DECEMBER
2023

Source text for Eikon:  ID:nRSP8967Ea 
Further company coverage:  DEL.MZ 

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