March 29, 2018 / 4:48 PM / 5 months ago

BRIEF-Montea Acquires Logistics Building In Hoofddorp

March 29 (Reuters) - MONTEA CVA:

* TRANSACTION REPRESENTS A NET INITIAL YIELD OF 6.95%.

* CURRENT TENANT IDEXX EUROPE B.V. WILL CONTINUE TO RENT PREMISES AFTER TRANSFER OF OWNERSHIP UNDER CURRENT LEASE

* LEASE IS FOR FIXED TERM UNTIL 30 JUNE 2029 AND WILL GENERATE GROSS RENTAL INCOME OF €650,000 PER YEAR Source text: bit.ly/2GhdoxP Further company coverage: (Gdynia Newsroom)

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