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BRIEF-Centurion corporation enters development agreement with SPGG
March 30, 2017 / 1:21 AM / 8 months ago

BRIEF-Centurion corporation enters development agreement with SPGG

March 30 (Reuters) - Centurion Corporation Ltd

* Entered into a development agreement with SPGG as developer

* Deal pursuant to which SPGG has agreed to construct or procure construction of Dwell Adelaide and carry out works on land

* New Australia subsidiary entered into a contract for sale and purchase of land with S.P.G.G. Investments

* New Australia subsidiary entered into a contract to acquire from vendor development site

* Aggregate cost for proposed acquisition and proposed development is expected to be approximately a$45.5 million Source text for Eikon: Further company coverage:

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