April 13 (Reuters) - AKFEN GAYRIMENKUL YATIRIM ORTAKLIGI AS:
* AKFEN REIT SIGNS SHARE TRANSFER AGREEMENT FOR SELLING MERIT PARK HOTEL TO MERIT KIBRIS TURIZM AT $70 MILLION
* AKFEN REIT - PROCEEDINGS OF SALE TO BE USED FOR EARLY REPAYMENT OF EUR 30 MILLION LOAN AS WELL AS FOR NEW AND ONGOING INVESTMENTS WITH REMAINING PORTION. Source text for Eikon: Further company coverage: (Gdansk Newsroom)