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Consultatio SA Announces Further Details On Sale Of 23 Floors In Building To BBVA Banco Frances SA; Signs Agreement To Sell Three Floors To Fideicomiso Financiero Consultatio Catalinas


Wednesday, 17 Jul 2013 01:10pm EDT 

Consultatio SA announced that on July 10, 2013 it signed an agreement to sell 23 out of 33 floors of a building to be built by the Company to BBVA Banco Frances SA. The value of the operation was set at ARS 1,262.5 million plus a corresponding value added tax, 30% of which (plus a corresponding value added tax) was paid on the date of signing the agreement, and the remaining amount will be distributed in the following stages: 65% plus a corresponding value added tax in 30 monthly installments; 2.5% plus a corresponding value added tax against the delivery of the possession, and 2.5% plus a corresponding value added tax, against signing of the deed of transfer of ownership. In addition, on July11, 2013 Consultatio SA signed an agreement with el Fideicomiso Financiero Consultatio Catalinas to sell three out of 33 floors of the building. The value of the operation was set at ARS 122.2 million plus a corresponding value added tax, which was paid on the date of signing the agreement. 

Company Quote

23.4
-0.6 -2.50%
30 Oct 2014