Brief: Urbanfund Corp enters into joint venture with Takol Real Estate Inc
Dec 16 (Reuters) - Urbanfund Corp UFC.V :
* Co and Takol invest $1.625 mln with remainder of purchase
price, funds to renovate property provided by private lender at
6 pct per annum
* Complex, acquired for a purchase price of $5.255 mln
* Urbanfund Corp forms a new joint venture and acquires 50
pct interest in industrial complex
Source text for Eikon: urn:newsml:reuters.com:*:nCCNb4NyQV
Further company coverage: UFC.V
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