April 3, 2017 / 9:21 AM / 4 months ago

BRIEF-NP3 agrees to acquire property portfolio for SEK 310 mln

1 Min Read

April 3 (Reuters) - NP3 FASTIGHETER AB:

* SAID ON FRIDAY AGREED TO ACQUIRE 14 PROPERTIES TOTALING 41,400 SQUARE METERS WITH AN UNDERLYING PROPERTY VALUE OF 310 MILLION SWEDISH CROWNS

* PROPERTIES HAVE AN OCCUPANCY RATE OF 98% AND ANNUAL RENTAL VALUE AMOUNTS TO 26.5 MILLION CROWNS

* AVERAGE REMAINING TERM OF LEASES OF PROPERTIES AMOUNTS TO 5.3 YEARS

* ACQUISITION IS FINANCED THROUGH OWN CASH, BOND LOAN AND BANK LOAN

* CHANGE OF HANDS TO TAKE PLACE DURING Q2 2017 Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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