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Major Forward Let Contract

14 Oct 2011 12:21

RNS Number : 2184Q
Artisan (UK) PLC
14 October 2011
 



14 October 2011

Artisan (UK) plc

("Artisan" or the "Group")

 

Major Forward Let Contract

 

Artisan (UK) Developments Limited ("Developments"), a Group subsidiary, has entered into a significant contract for the forward let of a new office to be built at the Opus Business Park owned by Developments in Peterborough.

 

The building will be an office of just over 30,000 sq ft, net internal area, let under a lease with a minimum lease term of 12 years to Kelway (UK) Limited. Kelway (UK) Limited is a UK based IT services and solutions provider.

 

The building will be of significant value when it is completed in June 2012 and the Board's current intention will be to retain the building for a period of time. The board of Artisan believes that this contract supports the management's successful approach to negotiating contracts in the current market conditions.

 

 

Enquiries:

 

Artisan (UK) plc

Chris Musselle

 

Tel: +44 (0) 1480 436 666

Altium

Adrian Reed

Adam Sivner

 

Tel: +44 (0) 845 505 4343

Bankside Consultants - Financial PR advisers

Simon Rothschild

 

Tel: +44 (0) 20 7367 8888

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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