Brief: KAP Sells Commercial Property In Fuld

Kap AG

17/02/2021 06:58

Feb 17 (Reuters) - KAP AG  IURG.DE :
    * SELLS COMMERCIAL PROPERTY IN FULDA
    * LAND AND BUILDINGS WERE SOLD TO CPI FALCON GMBH, OPERATING
FACILITIES - TO CPI FALCON II GMBH, BOTH AFFILIATED COMPANIES OF
CAPTIVA GMBH
    * NET PROCEEDS ARE IN THE LOWER DOUBLE-DIGIT MILLION EURO
RANGE
    * DEAL COMPLETION IS TARGETED FOR THE END OF NOVEMBER 2021
AT THE
LATEST
    * FLOOR AREAS USED BY KAP AND ITS SUBSIDIARIES WERE LEASED
BACK ON
THE BASIS OF LONG-TERM RENTAL AGREEMENTS

Source text for Eikon:  ID:nNDL9d8Bqw 
Further company coverage:  IURG.DE 

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