Dolphin Capital Investors (GB:DCI) has released an update.
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Dolphin Capital Investors has successfully negotiated the sale of their Livka Bay property in Croatia for €22 million, a figure 15% higher than the asset’s recent valuation. The sale will enable the repayment of a €4 million bank loan and other liabilities, with additional funds improving the company’s liquidity and financing ongoing projects like the Kilada Hills Resort. It also sets the stage for future capital returns to shareholders.
For further insights into GB:DCI stock, check out TipRanks’ Stock Analysis page.
