Brief: VGP signs A EUR 120 Mln Transaction With Its JV SAGA

VGP NV

18/12/2024 06:21

Dec 18 (Reuters) - VGP NV  VGP1.BR :
    * VGP AND AREIM ANNOUNCE SECOND CLOSING OF SAGA JOINT
VENTURE
    * TRANSACTION INCLUDES 4 LOGISTICS BUILDINGS IN 4 VGP PARKS
    * GENERATES €88 MILLION GROSS CASH PROCEEDS FROM TRANSACTION
    * PRICING OF SECOND CLOSING HAS BEEN AGREED AT A GROSS ASSET
VALUE
OF EUR 120 MILLION
    * SECOND CLOSING OF A SERIES THAT WILL TOGETHER ADD UP TO
PRE-AGREED INVESTMENT TARGET OF EUR 1.5 BILLION

Source text:  urn:newsml:reuters.com:*:nGNE65KGmk
Further company coverage:  VGP1.BR 

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