Beskrivning
| Land | Norge |
|---|---|
| Sektor | Fastigheter |
| Industri | Förvaltning |
2023-11-30 22:36:56
Porsgrunn, 30 November 2023: Reference is made to the stock exchange
announcements by Recreate ASA ("Recreate" or the "Company") on 14 March, 8 May
and 26 September 2023, regarding the joint venture establishment with XG Eiendom
AS ("Xania").
The joint venture partners have today agreed that as part of the structure,
Recreate will sell 100% of the property Arkaden to Xania and, as part of the
same transaction, the preferential economic right for Xania to receive an agreed
interest rate in the joint venture, ceases to exist.
For further information, please contact:
Emil Eriksrød, CEO
emil.eriksrod@recreate.no
+47 415 22 463