LONDON AND ASSOCIATED PROPERTIES PLC - £2.35M Sale
01 Agosto 2019 - 11:29AM
PR Newswire (US)
FOR IMMEDIATE RELEASE
1 August 2019
LONDON & ASSOCIATED PROPERTIES PLC:
£2.35M
SALE
London & Associated
Properties PLC (“LAP” or “the Company”) today announces it has
completed the sale of a building in Brixton to an overseas buyer
for £2.35m cash.
The property was originally acquired in 2006 and formed part of
the Atlantic portfolio which included the successful Brixton
markets that LAP sold in 2018 for £37.25m.
The property was last valued at £2.285m as at 31 December 2018 reflecting the value of the
offer less costs.
The cash has been added to the Company’s reserves.
Ends.
Contact:
John Heller, Chief Executive,
LAP.
Tel: 020 7415 5000
Baron Phillips, Baron Phillips
Associates.
Tel: 07767 444193
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