Teate vaade
Ettevõte EfTEN Real Estate Fund AS
Tüüp Korraldatud teave
Kategooria Muud korporatiivtoimingud
Avaldamise aeg 03 dets 2019 08:30:00 +0200
Keeleversioonid
Keel English
Valuuta
Pealkiri EfTEN Real Estate Fund III AS’ Lithuanian subsidiary signed a lease agreement to open KFC restaurant
Tekst
UAB  "Saules Miestas", a  subsidiary of EfTEN  Real Estate Fund  III AS, entered
into a long term lease with ?APL FRESH FOOD" UAB, operating on a franchise basis
of   KFC (Kentucky Fried Chicken),  the world's second-largest restaurant chain,
for  a term of  10 + 10 years. "APL  FRESH FOOD" UAB  is a member  of the Apollo
Group.

UAB "Saules Miestas" will build a separate new building on the existing property
at  Gumbin?s  4, Shiauliai,  Lithuania,  approx.  350 sq.m,  which will be leased
exclusively by ?APL FRESH FOOD" UAB.

The  total investment to  the project is  600 thousand euros, plus  VAT. The net
yield  of  the  investment,  without  bank  leverage, is 10% per annum after the
building has been completed.

Viljar Arakas
Member of the Management Board
Phone: 655 9515
E-mail: viljar.arakas@eften.ee