Park Street Nordicom A/S has today, Tuesday 12 May 2020, concluded an agreement to sell its property located at Langebrogade, 5, Copenhagen to a Danish institution seeking to use the premises as its domicile.Disposal Agreement • January 18th, 2023
Contract Type FiledJanuary 18th, 2023This sale is concluded at a higher valuation than the book value of the asset and will generate a positive contribution of over DKK 30m to the company’s EBVAT for the year 2020. The company is expected to use the net proceeds from the sale to retire the short term facility on its books.