Brief: Leasinvest Real Estate Comes To An Agreement With Immo Lux-Airport
17/06/2019 16:48
June 17 (Reuters) - Leasinvest Real Estate SCA LNRE.BR :
* REG-LEASINVEST REAL ESTATE COMES TO AN AGREEMENT WITH IMMO
LUX-AIRPORT SA FOR THE ACQUISITION OF THE BUILDINGS B AND E IN
THE EBBC BUSINESS PARK IN LUXEMBOURG
* ACQUISITION PRICE FOR THESE 2 BUILDINGS AMOUNTS TO EUR
47.3
MILLION
* IT HAS BEEN AGREED WITH SELLER IMMO LUX-AIRPORT SA TO
FINALIZE
THIS ACQUISITION BEFORE END OF JUNE 2019
* THIS PRICE IS IN LINE WITH VALUATION OF BUILDINGS BY
INDEPENDENT
EXPERT OF LEASINVEST REAL ESTATE
* INDIRECTLY THESE 2 BUILDINGS WERE ALREADY PARTIALLY HELD
BY
LEASINVEST AS INVESTMENT PROPERTIES VIA A STAKE OF 69.8% IN LUX
AIRPORT REAL ESTATE CERTIFICATES
* COMPANY WILL OWN 5 OF 6 BUILDINGS ON SITE, FOLLOWING THIS
ACQUISITION
Source text for Eikon: ID:nGNE2W1cws
Further company coverage: LNRE.BR
(Gdynia Newsroom)
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