BRIEF-Greenbay Properties says concluded agreement to acquire Locaviseu

Thu Mar 16, 2017 5:15am GMT

March 16 (Reuters) - Greenbay Properties

* Resilient And Greenbay Have Concluded A Binding Agreement To Acquire Locaviseu - Sociedade De Gestao De Imoveis, S.A

* Acquisition On A 50:50 Shareholding Basis For An Aggregate Cash Consideration Of Eur 219,25 Mln

* A five-year debt facility of EUR 104,5 million at 3-month euribor plus 2,15% has been secured against assets

* Confirms its guidance for year ended september 2017 of a dividend of approximately 0,40 GBP pence per share

* For year ended september 2018, Greenbay expects growth in dividends of approximately 25%. Source text for Eikon: Further company coverage:

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