AI assistant
GARDA PROPERTY GROUP — Capital/Financing Update 2024
Jan 21, 2024
64972_rns_2024-01-21_b8e5a72d-31be-49a2-9cf9-46a091dcf0fd.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [114 x 24] intentionally omitted <==
GARDA Property Group
Level 21, 12 Creek Street W gardaproperty.com.au Brisbane QLD 4000 E [email protected] GPO Box 5270 P +61 7 3002 5300 Brisbane QLD 4001
22 January 2024
BOTANICCA 7 AND 9 SALE UPDATE – UNCONDITIONAL
The contract for the sale of the Botanicca 7 and 9 office buildings is now unconditional.
The properties are being sold for $80 million with settlement scheduled for 31 January 2024, but not later than 5 February 2024.
Net sale proceeds will be applied to variable rate senior debt reduction.
GARDA’s interim financial results will be released on Thursday 8 February 2024.
– END –
Authorised for release by: Matthew Madsen (Executive Chairman)
For more information please contact:
Paul Brown
Head of Treasury and Investor Relations GARDA Property Group Phone: 07 3002 5362 [email protected]
Page 1 of 1