Hargreaves has announced a positive development at its Blindwells site near Edinburgh. It has agreed the conditional sale of 10.75 acres of serviced residential development land to Bellway. The land is valued at £9m and legal completion is conditional upon planning consent. This is the second land sale at Blindwells and provides further positive confirmation of the value to be unlocked from the site. Remediation and sale of land is a key part of the Group’s strategy. With momentum building, we b ....
24 May 2019
Conditional land sale unlocks value at key Blindwells site
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Conditional land sale unlocks value at key Blindwells site
Hargreaves Services plc (HSP:LON) | 556 -11.1 (-0.4%) | Mkt Cap: 182.4m
- Published:
24 May 2019 -
Author:
James Tetley -
Pages:
3
Hargreaves has announced a positive development at its Blindwells site near Edinburgh. It has agreed the conditional sale of 10.75 acres of serviced residential development land to Bellway. The land is valued at £9m and legal completion is conditional upon planning consent. This is the second land sale at Blindwells and provides further positive confirmation of the value to be unlocked from the site. Remediation and sale of land is a key part of the Group’s strategy. With momentum building, we b ....