Finance

Circle Property agrees £34m sale of its largest asset to LXi

By 2022-02-14T08:38:00

K2 Kents Hill Park

Circle Property has agreed the £34.4m sale of Kents Hill Park Conference Centre to LXI Property Holdings 4, a subsidiary of LXI REIT.

As the asset’s value represents more than 75% of the company’s market capitalisation, the sale is conditional on the consent of shareholders.

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