Recreate ASA announced that reference is made to the stock exchange announcements by Recreate ASA on 14 March, 8 May and 26 September 2023, regarding the joint venture establishment with XG Eiendom AS (Xania). The joint venture partners have on 30 November 2023 agreed that as part of the structure, Recreate will sell 100% of the property Arkaden to Xania and, as part of the same transaction, the preferential economic right for Xania to receive an agreed interest rate in the joint venture, ceases to exist.