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BRIEF-Eureka Group enters into contract to acquire village in Adelaide

Published 31/12/2015, 09:42 am
© Reuters.  BRIEF-Eureka Group enters into contract to acquire village in Adelaide
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Dec 31 (Reuters) - Eureka Group Holdings Ltd EGH.AX :

* Eureka enters into contract to acquire village in Adelaide EGH.AX

* Entered into a conditional contract for the acquisition of a 60-room village in salisbury Adelaide from an unlisted property trust "

* Expected annualised EBITDA for the village is between $650K and $700K

* Acquisition of village for $3.1M and the associated business from current operator for $1.5M

* Source text for Eikon ID:nASX6HJ2sj

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