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Aceso Life Science Group Limited ( (HK:0474) ) has issued an announcement.
Aceso Life Science Group Limited announced the amendment and restatement of its 2018 Facility Agreement, securing a new loan of approximately GBP87.3 million to refinance existing debt and fund capital expenditures for a property in Central London. The company plans to invest GBP17.0 million in refurbishing the UK Property to enhance tenant experience and increase rental value, amid a recovering London office market. The strategy includes energy-saving improvements and tenant area refurbishments, with a focus on securing long-term leases and increasing rental income.
More about Aceso Life Science Group Limited
Aceso Life Science Group Limited operates in the life sciences industry, focusing on managing and enhancing commercial properties. The company is involved in the refurbishment and management of properties, particularly in the UK market, where it aims to improve tenant experiences and property values.
Average Trading Volume: 8,275,221
Technical Sentiment Signal: Hold
Current Market Cap: HK$273.1M
For a thorough assessment of 0474 stock, go to TipRanks’ Stock Analysis page.