Brief: Trastor Says Total Consideration For The Acquisition Of Excelsior Hotel Enterprises Is Based On A EUR 39 Million Real Estate Value Of The Property

Trastor Real Estate Investment SA

04/09/2024 17:01

Sept 4 (Reuters) - Trastor Real Estate Investment
Company SA  PREr.AT :
    * TRASTOR REIC SAYS TOTAL CONSIDERATION FOR THE ACQUISITION
OF
100% OF EXCELSIOR HOTEL ENTERPRISES LTD WILL BE BASED ON NAV OF
THE COMPANY ASSUMING EUR 39 MILLION FOR THE REAL ESTATE VALUE OF
THE PROPERTY
    * TRASTOR REIC SAYS IT WILL FINANCE ACQUISITION WITH CAPITAL
INCREASE AND DEBT
    * TRASTOR REIC EXPECTS TRANSACTION TO BE COMPLETED BY NOV
2024


Further company coverage:  PREr.AT 

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