15th Jun 2021 07:00
AEW UK REIT plc (AEWU) Update on legal proceedings 15-Jun-2021 / 07:00 GMT/BST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. 15 June 2021
AEW UK REIT Plc (the "Company")
Update on legal proceedings
Further to the Company's announcement of 23 April 2021 regarding the successful outcome of its legal action against two well-funded national tenants to recover unpaid rent, the Company can report that neither tenant sought the court's permission to appeal the decision of the Master and have now paid all the rent arrears claimed in the proceedings, as well as reaching an agreement on the legal costs incurred. With regards to the outstanding rent arrears that had fallen due for payment since the claims were issued, these amounts have also been paid in full, and as a result the Company has received the full amount of rent arrears of £1,200,566 referred to in the previous announcement on 23 April.
LEI: 21380073LDXHV2LP5K50
|
| ISIN: | GB00BWD24154 |
| Category Code: | MSCM |
| TIDM: | AEWU |
| LEI Code: | 21380073LDXHV2LP5K50 |
| OAM Categories: | 3.1. Additional regulated information required to be disclosed under the laws of a Member State |
| Sequence No.: | 111199 |
| EQS News ID: | 1207829 |
| End of Announcement | EQS News Service |
UK Regulatory announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
Related Shares:
Aew Uk Reit