Brief: PPI Acquires Jaerveien 33, Triple Net Lease With Sandnes Municipality

Public Property Invest ASA

14/10/2024 06:42

Oct 14 (Reuters) - Public Property Invest ASA
 PUBLI.OL :
    * PPI ACQUIRES JÆRVEIEN 33 AND A TRIPLE NET LEASE WITH
MUNICIPALITY OF SANDNES
    * PPI ACQUIRES JÆRVEIEN 33 PROPERTY FOR NOK 139 MILLION
    * EQUITY PART OF TRANSACTION WILL BE SETTLED IN NEW SHARES
IN PPI
AT A SHARE PRICE EQUIVALENT TO NOK 20.67 PER SHARE
    * SETTLEMENT SHARE PRICE IS 10.2 % HIGHER THAN LAST CLOSING
PRICE
FOR PPI SHARES

Source text for Eikon:  ID:nMFN4q82QR 
Further company coverage:  PUBLI.OL 

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