Rugby sells Covent Garden JV stake

Rugby Estates has sold its 50% shareholding in its Covent Garden Estates joint venture to Universal Consolidated Group, its JV partner. In addition to £1.2m for its shareholding, Rugby will receive repayment of its loan to CGE, amounting to £1.4m. The JV was established in 1995 to develop properties in ...

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £6 per week.

Registered users and subscribers SIGN IN here to continue