Nexity: sells property development activities in Poland
(CercleFinance.com) - Nexity announces the sale of 100% of its development activities in Poland to Develia, a Polish developer.
The sale is for E100m - it is in line with the plan announced by Nexity in February 2023 at the time of its annual results, and will contribute to the group's debt reduction.
The agreement will be finalised once the consent of the President of the UOKIK (Office for the Protection of Competition and Consumers) has been obtained.
Copyright (c) 2023 CercleFinance.com. All rights reserved.
The sale is for E100m - it is in line with the plan announced by Nexity in February 2023 at the time of its annual results, and will contribute to the group's debt reduction.
The agreement will be finalised once the consent of the President of the UOKIK (Office for the Protection of Competition and Consumers) has been obtained.
Copyright (c) 2023 CercleFinance.com. All rights reserved.