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CLS Holdings Boosts Lettings and Reduces Debt

CLS Holdings Boosts Lettings and Reduces Debt

CLS Holdings (GB:CLI) has released an update.

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CLS Holdings reports significant progress in increasing lettings and reducing leverage through strategic property disposals. The company finalized 81 deals generating over £10 million in annual rent, while also advancing its refinancing efforts, resulting in a slight decrease in debt costs. With high occupancy in student and hotel accommodations and ongoing sale processes in the UK and Germany, CLS Holdings remains focused on enhancing its financial health.

For further insights into GB:CLI stock, check out TipRanks’ Stock Analysis page.

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