Brief: Wynnstay Properties Buys Industrial Property For £1.84 Mln Consideration

Wynnstay Properties

23/09/2019 17:49

Sept 23 (Reuters) - Wynnstay Properties PLC  WSP.L :
    * WYNNSTAY PROPERTIES  - ACQUISITION
    * WYNNSTAY PROPERTIES - EXCHANGED CONTRACTS FOR ACQUISITION
FROM
THREADNEEDLE UK PROPERTY AUTHORISED INVESTMENT FUND FOR A
CONSIDERATION OF £1.84 MILLION
    * WYNNSTAY PROPERTIES - UNDER TERMS AGREED WITH VENDOR, CO
TO
RETAIN BENEFIT OF INCREASED RENT FOLLOWING SETTLEMENT OF RENT
REVIEW FROM EFFECTIVE DATE
    * WYNNSTAY PROPERTIES - TOTAL ACQUISITION COST OF
APPROXIMATELY
£1.95 MILLION TO BE FUNDED FROM COMPANY'S EXISTING CASH
RESOURCES AND DEBT FACILITIES

Source text for Eikon:  ID:nRSW3652Na 
Further company coverage:  WSP.L 

 ((Reuters.Briefs@thomsonreuters.com;))