Springfield has signed an agreement worth £18.2m with West of Scotland Housing Association (WSHA) for the development of 114 affordable homes and two commercial units in Dalmarnock, Glasgow. The contact award strengthens the Group’s revenue visibility over the next two years and provides a reminder of Springfield’s credentials in this important segment of the market. Having fallen along with peers in the recent market weakness, the shares trade on a current year P/B rating o
11 Mar 2020
Affordable housing contract in Glasgow regeneration area
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Affordable housing contract in Glasgow regeneration area
Springfield Properties PLC (SPR:LON) | 93.5 0 0.0% | Mkt Cap: 111.0m
- Published:
11 Mar 2020 -
Author:
James Tetley -
Pages:
3
Springfield has signed an agreement worth £18.2m with West of Scotland Housing Association (WSHA) for the development of 114 affordable homes and two commercial units in Dalmarnock, Glasgow. The contact award strengthens the Group’s revenue visibility over the next two years and provides a reminder of Springfield’s credentials in this important segment of the market. Having fallen along with peers in the recent market weakness, the shares trade on a current year P/B rating o