Brief: Hotel Property Investments Announces Acquisition Of South Australian Pub Portfolio
16/12/2021 01:33
Dec 16 (Reuters) - Hotel Property Investments Ltd HPI.AX :
* ACQUISITION OF SOUTH AUSTRALIAN PUB PORTFOLIO OF SEVEN
PROPERTIES FOR A$66.1 MILLION
* SALE OF ACACIA RIDGE HOTEL FOR A$25 MILLION
* MAINTAINS CURRENT FY22 GUIDANCE OF 20.5 AU CENTS PER
SECURITY
* INCREASED AVAILABLE BANK DEBT FACILITIES BY A$100 MILLION
MATURING IN AUGUST 2024
Source text for Eikon: ID:nASX9vvgpv
Further company coverage: HPI.AX
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Hotel Property Investments
See all newsUBS upgrades Charter Hall Retail Reit to 'Buy' on forecast update
Brief: Charter Hall Retail REIT Says Bidder Now Holds Over 90% Of HPI Securities
Brief: Hotel Property Investments Says John White Resigned As MD And CEO
Brief: Hotel Property Investments Declares Final Distribution 3.3 AU Cents Per Stapled Security
Brief: Hotel Property Investments Posts H1 Net Income AUD 16.7 Million