Brief: Hamborner REIT AG Acquires Office Property In Stuttgart
22/07/2021 17:05
July 22 (Reuters) - Hamborner REIT AG HABAn.DE :
* DGAP-NEWS: HAMBORNER REIT AG ACQUIRES OFFICE PROPERTY IN
STUTTGART AND SELLS TWO FURTHER HIGH-STREET RETAIL PROPERTIES
* ONGOING REINVESTMENT OF SALES PROCEEDS
* GROSS INITIAL YIELD ON INVESTMENT IS 5.1%
* PARTIES TO TRANSACTION HAVE AGREED NOT TO DISCLOSE ANY
FURTHER
DETAILS AT THIS TIME.
* PAYMENT OF PURCHASE PRICE AND TRANSFER OF OWNERSHIP OF
PROPERTY
ARE PROVISIONALLY SCHEDULED FOR Q3 OF 2021.
Source text for Eikon: ID:nEQ7F8VJxa
Further company coverage: HABAn.DE
(Gdansk Newsroom)
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