HPI hotel property investments
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News: HPI Hotel Property Investments Says Confirms Reached Commercial Agreement With Queensland...

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    01/05/20
    10:10
    Post #: 44373868

    May 1 (Reuters) - Hotel Property Investments Ltd (HPI) :

    • CONFIRMS REACHED COMMERCIAL AGREEMENT WITH QUEENSLAND VENUE CO
    • AGREEMENT TO DEFER PART OF RENT FOR APRIL TO SEPT TOTALLING ABOUT $7.5 MILLION
    • ARRANGEMENT IS NOT SEEN TO HAVE MATERIAL IMPACT ON ADJUSTED FFO OVER FY ENDING JUNE 2020, 2021 & 2022
    • DEFERRED RENT PAYABLE IN FULL TO CO BETWEEN FEB 2021 & JUNE 2022

    Source text https://reut.rs/3f7Hhyf

    (([email protected];))

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