Aspen Group LimitedASX: APZ

Aspen Group acquires Darwin FreeSpirit Resort

· Issued by Aspen Group Limited

Filed with ASX · · 3 pages · English

Aspen Group Limited (ASX: APZ) is pleased to announce that it has exchanged conditional contracts for the acquisition of Darwin FreeSpirit Resort (FreeSpirit). The purchase price of $19.5 million reflects an initial yield of approximately 10% excluding acquisition costs. Conveniently located on Stuart Highway in Darwin NT, FreeSpirit is a quality tourist park consisting of 430 sites, including 149

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