Livermore Investments Group Limited Wyler Park Lease Extension Update (8037Z)
22 September 2015 - 7:44PM
UK Regulatory
TIDMLIV
RNS Number : 8037Z
Livermore Investments Group Limited
22 September 2015
22 September 2015
LIVERMORE INVESTMENTS GROUP LIMITED
("Livermore" or the "Group")
Wyler Park Lease Extension Update
Livermore Investments Group Limited is pleased to announce that
it has successfully entered into an agreement with SBB, the Swiss
Federal Railways, to extend the lease on its Wyler Park property
located in Bern, Switzerland until 30 June 2029. As part of the
lease extension agreement, the owner will invest up to a maximum of
CHF 3.95m and SBB is expected to invest up to CHF 9m to upgrade the
property and allow for additional workspaces.
Wyler Park is a top quality mixed-use property. It has over
16,800 square meters of commercial area, 4,100 square meters of
residential area, and another 7,100 square meters available for
additional commercial development. The commercial area is leased
entirely to SBB (AAA rated), the Swiss Federal Railways wholly
owned by the Swiss Confederation, and serves as the headquarters of
their Passenger Traffic division. The residential area consists of
39 apartments.
Enquiries:
+41 43 344
Livermore Investments Group Limited 3200
Gaurav Suri
Nominated Broker and Adviser
Arden Partners +44 207 614
Steve Douglas / Patrick Caulfiled 5917
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCSEFSUEFISELU
(END) Dow Jones Newswires
September 22, 2015 05:44 ET (09:44 GMT)
Livermore Investments (LSE:LIV)
Historical Stock Chart
From Jun 2024 to Jul 2024
Livermore Investments (LSE:LIV)
Historical Stock Chart
From Jul 2023 to Jul 2024