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IN BRIEF: Construction Starts At Ediston's Haddington Retail Park

Mon, 28th Sep 2020 19:06

Ediston Property Investment Co PLC - London-based real estate investment trust - Says construction started on 48,000 square foot retail park and petrol filling station in Haddington, Scotland. The site is 97% pre-let, and the development is expected to achieve "practical completion" in June 2021. Once completed and fully occupied, the retail park will provide the company with a rental income of GBP875,000. Costs to completion will be GBP7.5 million, Ediston notes.

Current stock price: 51.00 pence

Year-to-date change: down 43%

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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