Brief: PREMIA Acquires Stand-Alone Property With 20-Year Lease Agreement

Premia Real Estate Investment SA

15/12/2021 07:48

Dec 15 (Reuters) - Premia AE  PREMr.AT :
    * ACQUIRES STAND-ALONE PROPERTY IN PAIANIA IN WHICH A
BIOTECHNOLOGY PARK WILL BE DEVELOPED
    * A PRELIMINARY LEASE AGREEMENT FOR 20 YEARS CLOSED PERIOD
HAS
BEEN SIGNED
    * ANNUALIZED RENTAL INCOME IS ESTIMATED AT EUR 1.5 MILLION
AS OF
Q2 2022 AND GRADUALLY WILL RISE TO EUR 3.5 MILLION BY END OF
2023


Further company coverage:  PREMr.AT 

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