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BRIEF-Inovalis REIT says it entered into agreement for forward purchase of office property

Published 2016-11-10, 06:55 a/m
© Reuters.  BRIEF-Inovalis REIT says it entered into agreement for forward purchase of office property
INO_u
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Nov 10 (Reuters) - Inovalis Real Estate Investment Trust INO_u.TO

* Inovalis real estate investment trust announces it has entered into an agreement for the forward purchase with a joint-venture partner of a class-a office property to be developed in germany

* Inovalis real estate investment trust - net purchase price of property of approximately $35.2 million

* Inovalis real estate investment trust - net purchase price of property was approximately eur 23.9 million

* Inovalis real estate investment trust says the reit through inovalis s.a. Relations is looking to share up to 50% of asset Source text for Eikon: ID:nCNWChkLQa Further company coverage: INO_u.TO

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