Disposal
09 3월 2009 - 6:30PM
UK Regulatory
TIDMWNER
RNS Number : 5294O
Warner Estate Holdings PLC
09 March 2009
Warner Estate Holdings PLC
("Warner Estate" or "the Group")
WARNER ESTATE ANNOUNCES GBP30.7M SALE OF SOUTHEND SHOPPING CENTRE
Warner Estate Holdings PLC announces today that it has exchanged contracts for
the sale of The Royals Shopping Centre, Southend to Orchard Street Investment
Management for GBP30,713,155. The sale is due to complete on 27 March 2009. The
proceeds of the sale will be utilised to reduce the Group debt.
-ends-
Date: 9 March 2009
For further information contact:
+--------------------------------------------+---------------------------------+
| Warner Estate Holdings PLC | City Profile |
+--------------------------------------------+---------------------------------+
| Philip Warner, Chairman | Simon Courtenay |
+--------------------------------------------+---------------------------------+
| Michael Stevens, Property Director | Tel: 020-7488-3244 |
+--------------------------------------------+---------------------------------+
| Mark Keogh, Finance Director | |
+--------------------------------------------+---------------------------------+
| Tel: 020-7907-5100 | |
+--------------------------------------------+---------------------------------+
| Web: www.warnerestate.co.uk | |
+--------------------------------------------+---------------------------------+
| | |
+--------------------------------------------+---------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
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