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Disposal

10 Sep 2010 11:00

RNS Number : 4901S
IRP Property Investments Ltd
10 September 2010
 



To: RNS

From: IRP Property Investments Limited

Date: 10 September 2010

 

IRP Property Investments Limited

Disposal of 88-90 The Parade, Leamington Spa

 

On 3 September 2010, IRP Property Investments Limited ("IRP") disposed of a retail property in Leamington Spa for £3.625 million, at an initial yield of 4.9 per cent.

 

The property was acquired by IRP on 1 June 2004 for a cost of £2.89 million and its valuation as at 30 June 2010 was £3.39 million.

 

 

All Enquiries:

 

The Company Secretary

Northern Trust International Fund Administration Services (Guernsey) Limited

Trafalgar Court

Les Banques

St Peter Port

Guernsey

GY1 3QL

 

Tel: 01481 745001

Fax: 01481 745051

 

 

Ian McBryde

Scott Macrae

F&C Investment Business Ltd

 

Tel: 0207 628 8000

Fax: 0131 225 2375

 

 

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