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BRIEF-CLS buys portfolio of 12 properties in Germany
June 14, 2017 / 6:27 AM / 3 months ago

BRIEF-CLS buys portfolio of 12 properties in Germany

June 14 (Reuters) - Cls Holdings Plc:

* Exchanged contracts to acquire portfolio of twelve properties in Germany from Züblin Immobilien

* Acquires 12 properties in Germany for gross asset value of 152 million euros, excluding costs

* Acquisition will be financed from internal resources; is expected to be refinanced in part with bank debt and to complete in Q3 of 2017 Source text for Eikon: Further company coverage:

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