HPI hotel property investments
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News: HPI Hotel Property Investments Announces Acquisition Of South Australian Pub Portfolio

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    16/12/21
    12:35
    Post #: 58336043

    Dec 16 (Reuters) - Hotel Property Investments Ltd (HPI) :

    • ACQUISITION OF SOUTH AUSTRALIAN PUB PORTFOLIO OF SEVEN PROPERTIES FOR A$66.1 MILLION
    • SALE OF ACACIA RIDGE HOTEL FOR A$25 MILLION
    • MAINTAINS CURRENT FY22 GUIDANCE OF 20.5 AU CENTS PER SECURITY
    • INCREASED AVAILABLE BANK DEBT FACILITIES BY A$100 MILLION MATURING IN AUGUST 2024
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