Brief: Leasinvest Real Estate Acquires 2 Office Buildings In Luxembourg & Land Reserve In Austria

Nextensa NV

20/12/2018 06:22

Dec 20 (Reuters) - LEASINVEST REAL ESTATE SCA  LNRE.BR :
    * ANNOUNCED ON WEDNESDAY IT ACQUIRED 2 ADDITIONAL OFFICE BUILDINGS IN EBBC BUSINESS PARK IN
GRAND
DUCHY OF LUXEMBOURG & LAND RESERVE IN AUSTRIA
    * ACQUIRED 2 ADDITIONAL BUILDINGS IN EBBC BUSINESS PARK NEARBY LUXEMBOURG’S AIRPORT, VIA ITS
100%
SUBSIDIARY LEASINVEST IMMO LUX 
    * ACQUISITION IN LUXEMBOURG REPRESENTS INVESTMENT OF EUR 64.1 MILLION, WITH INITIAL YIELD OF
6.25
PCT
    * ON LUXEMBOURG ACQUISITION: BOTH BUILDINGS ARE ENTIRELY LEASED AND GENERATE ANNUAL RENTAL
INCOME
OF APPROXIMATELY EUR 4 MILLION
    * ACQUIRED A LAND OF CIRCA 3,870 M² ALONGSIDE ACCESS ROAD TO FRUN PARK IN ASTEN IN AUSTRIA
FOR
AMOUNT OF EUR 625 THOUSAND, VIA ITS AUSTRIAN SUBSIDIARY FRUN PARK ASTEN GMBH

Source text for Eikon:  ID:nGNEN59Lj 
Further company coverage:  LNRE.BR 

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