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BRIEF-Arco Vara's unit sold its 70 pct in SIA Arco Real Estate
February 23, 2017 / 10:47 AM / 7 months ago

BRIEF-Arco Vara's unit sold its 70 pct in SIA Arco Real Estate

Feb 23 (Reuters) - Arco Vara AS:

* Says its unit Arco Vara Real Estate AS sold its 70 percent stake in SIA Arco Real Estate

* And SIA Arco Real Estate concluded a 3-year franchise contract and agreed on the terms for using Arco Real Estate trade mark

* Says its broader action plan is aimed at increasing the yield on the group’s assets

Source text: bit.ly/2kPyWqz

Further company coverage: (Gdynia Newsroom)

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