BRIEF-Spear REIT Says Acquisition Of The Liberty Life Building, Century City, Cape Town

  • Reuters
  • Stock Market News
BRIEF-Spear REIT Says Acquisition Of The Liberty Life Building, Century City, Cape Town
Credit: © Reuters.

Nov 1 (Reuters) - Spear REIT Ltd SEAJ.J :

* ACQUISITION OF THE LIBERTY LIFE BUILDING, CENTURY CITY, CAPE TOWN

* PROPOSED DEAL FOR PURCHASE CONSIDERATION OF R370 MILLION

* PURCHASE CONSIDERATION WILL BE SECURED BY BANK GUARANTEE AND WILL BE PAID TO SELLERS OR THEIR NOMINEE IN CASH ON DATE OF TRANSFER

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