Springfield Properties has been granted planning approval for its first private rental sector (PRS) development, a move which progresses Scotland’s only quoted housebuilder’s move into delivery of a third tenure choice, which, in our view, improves its cashflow and risk profile.
30 Nov 2020
Planning granted for first private rental homes
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Planning granted for first private rental homes
Springfield Properties PLC (SPR:LON) | 96.0 -2.4 (-2.5%) | Mkt Cap: 113.9m
- Published:
30 Nov 2020 -
Author:
Alastair Stewart -
Pages:
3
Springfield Properties has been granted planning approval for its first private rental sector (PRS) development, a move which progresses Scotland’s only quoted housebuilder’s move into delivery of a third tenure choice, which, in our view, improves its cashflow and risk profile.