Crown Energy signs a promissory sale and purchase agreement for a suite of apartments in Luanda, Angola
Crown Energy AB (publ) ("Crown Energy", "The Company") has concluded an agreement for the purchase of 10 apartments over approximately a total of 1,000 sqm in the “Ocean Corner” building in Luanda’s prime residential and business area. The seller is EDI Angola Limitada. The purchase price is corresponding to SEK 42.5 million. The apartments are fully furnished and can be rented out directly after completion of the transactionAfter the signing of the sales agreement for the C-view property in April last year, the Company has reviewed different options for managing the proceeds from the