5 Jan 2016 10:00
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5 January 2016
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LXB RETAIL PROPERTIES PLC
(the "Company" or the "Group")
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Confirmation of Planning Use
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LXB Retail Properties Plc has received confirmation of the planning status of the Group's recent investment at Greenwich.
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The Royal Borough of Greenwich has confirmed that the 93,500 sq ft investment property which was acquired in September 2015 and is let to B&Q with 9 years remaining on the lease, has planning consent for Open A1 non-food uses.
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For further information please contact:
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LXB Adviser LLP Tel: 020 7432 7900
Tim Walton, CEOBrendan O'Grady, FD
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J.P. Morgan Cazenove (NOMAD) Tel: 020 7742 4000
Bronson Albery/Paul Hewlett
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Stifel Tel: 0207 710 7600
Mark Young/Tunga Chigovanyika
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Buchanan Tel: 020 7466 5000
Charles Ryland/Vicky Watkins
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