Promisia Healthcare Limited has today entered an agreement to acquire a property in Dannevirke, New Zealand.
The property adjoins their popular Eileen Mary village and resthome, providing a development opportunity to scale up and leverage existing infrastructure.
The purchase price of $385,000 was determined by independent valuation and is being funded by cash in hand.
Promisia has not set a timetable for clearing and developing the property into further villas at this time.
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