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ASPEN GROUP — Capital/Financing Update 2017
Jun 28, 2017
64404_rns_2017-06-28_de889924-bf39-4b9c-a483-d63aa365ea78.pdf
Capital/Financing Update
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Aspen Group Limited ABN 50 004 160 927 Aspen Property Trust ARSN 104 807 767 Level 3, 37 Pitt Street Sydney NSW 2000 Telephone: 02 9151 7500 Facsimile: 02 9151 7599 Email: [email protected]
ASX ANNOUNCEMENT 29 June 2017
Aspen Group exchanges unconditional contracts to sell Spearwood South Industrial Estate
Aspen Group Limited (ASX: APZ) advised on 21 June 2017 that it had agreed terms for the sale of Spearwood South Industrial Estate (Spearwood) with the sale conditional on the completion of due diligence by the purchaser.
Aspen confirms that the due diligence process has been completed and advises it has exchanged unconditional contracts to sell Spearwood for $28 million excluding selling costs.
Settlement is scheduled for 29 September 2017.
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For further information, please contact: Joel Cann Emmanuel Zammit Chief Executive Officer Chief Financial Officer Phone: (+61) 2 9151 7500 Phone: (+61) 2 9151 7500 Email: [email protected] Email: [email protected]