Brief: Instone Buys Property Development Activities From Sontowski & Partner Group
Aug 16 (Reuters) - INSTONE REAL ESTATE GROUP AG INS2.DE :
* ACQUIRES THE RESIDENTIAL PROPERTY DEVELOPMENT ACTIVITIES
POOLED
IN S&P STADTBAU FROM SONTOWSKI & PARTNER GROUP
* PROJECTS HAVE ANTICIPATED TOTAL SALES VOLUME OF EUR 300M
* CLOSING OF TRANSACTION IS EXPECTED BY 31 AUGUST 2019
Source text for Eikon: ID:nEQ33KvzNa
Further company coverage: INS2.DE
(Gdynia Newsroom)
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