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Pin to quick picksInland Share News (INL)

Share Price Information for Inland (INL)

London Stock Exchange
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Share Price: 60.00
Bid: 60.00
Ask: 61.00
Change: -1.00 (-1.64%)
Spread: 1.00 (1.67%)
Open: 60.50
High: 60.00
Low: 60.00
Yest. Close: 61.00
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Inland Homes sells two 'build to rent' funds in High Wycombe

Thu, 1st Oct 2020 10:00

(Sharecast News) - Residential property manager Inland Homes has sold two separate 'Build to Rent' funds within its Centre Square and Buckingham House developments in High Wycombe.
Inland Homes said on Thursday that it had completed the unconditional sale of 123 units and amenity space via its joint venture, High Wycombe Developments to "a well-established" real estate investment manager for £31.5m and noted that it expects to complete the build by March 2021.

The AIM-listed group also said it had exchanged contracts for the sale of 85 units at Buckingham House to a separate fund for a maximum of £21.3m, 10% of which was payable on exchange.

Chief executive Stephen Wicks said: "As these deals evidence and following the completion of land sales at Wilton Park and Cheshunt Lakeside, there is sustained demand from investors, housing associations and other developers for our high-quality land assets and our build expertise."

As of 1000 BST, Inland Homes shares were up 2.40% at 51.20p.

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Inland Homes receives two new award wins

(Sharecast News) - Brownfield developer and housebuilder Inland Homes received two new award wins on Wednesday.

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Inland Homes progresses plans for 1,650 houses at three sites

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Inland Homes FY trading 'inevitably' impacted by Covid-19

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