Brief: Grupo Lar Signs Alliance With Hanner To Increase Investment In Polish Residential Market

HELIOS RE SOCIMI

18/12/2023 09:58

Dec 18 (Reuters) - Grupo Lar:
    * SIGNS AN ALLIANCE WITH HANNER TO INCREASE ITS INVESTMENT
IN THE
POLISH RESIDENTIAL MARKET
    * AGREEMENT INCLUDES ACQUISITION, DEVELOPMENT AND SALE OF
PORTFOLIO OF ABOUT 1,300 RESIDENTIAL UNITS IN 8 PROJECTS IN
WARSAW, POLAND, FOR INVESTMENT VALUE OF €180 MILLION
    * THESE DEVELOPMENTS ARE EXPECTED TO BE COMPLETED BY 2027
    * THIS JOINT VENTURE HAS PLANNED DURATION OF 6 YEARS


Further company coverage:  LRES.MC 

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