Re. proposed acquisition
17 Luglio 2009 - 8:00AM
UK Regulatory
TIDMMAX
RNS Number : 8329V
Max Property Group PLC
17 July 2009
Max Property Group Plc
Re. proposed acquisition
Max Property Group Plc is a newly-formed Jersey incorporated closed-ended real
estate investment Company, with an experienced Board, chaired by Aubrey Adams,
and externally managed by Prestbury Investments, which is owned and managed by a
team led by Nick Leslau and Mike Brown.
The Board of Max Property Group Plc announces that it has entered into exclusive
negotiations with the Receiver of the Industrious group of companies to acquire
its remaining 79 assets. The total rental income is approximately GBP30m p.a.
Due diligence is already well advanced and it is anticipated that a further
announcement will be made within approximately the next two weeks.
17 July 2009
ENQUIRIES:
+----------------------------------------------+----------------------------+
| Prestbury Investments LLP | Tel: 020 7647 7647 |
+----------------------------------------------+----------------------------+
| Nick Leslau | |
+----------------------------------------------+----------------------------+
| Mike Brown | |
+----------------------------------------------+----------------------------+
| | |
+----------------------------------------------+----------------------------+
| College Hill | Tel: 020 7457 2020 |
+----------------------------------------------+----------------------------+
| Gareth David | |
+----------------------------------------------+----------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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