By Richard Hook2018-10-04T12:31:00
Regeneration specialist Harworth Group has sold 55 acres at its Lounge site in Leicestershire to industrial developer Gazeley for £18.7m.
Having made the sale at a small premium to book value, Harworth said it will reinvest the sale proceeds to bring forward further development land from within its 14 major development sites and in new strategic land acquisitions. It will also promote the Lounge site’s remaining 48 predominantly agricultural acres for mixed-use schemes.
You must be logged in to continue
Register for free to finish this article
Registration includes the following benefits:
To access this article REGISTER NOW
Four articles not enough? SUBSCRIBE for unlimited access to over 100 weekly articles and our comprehensive archive. For as little as £5 per week.