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Pin to quick picksTown Centre Regulatory News (TOWN)

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Spread: 6.00 (5.31%)
Market Cap: £47.89m
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Disposal

25 Mar 2009 07:00

RNS Number : 4108P
Town Centre Securities PLC
25 March 2009
 



25 March 2009

TOWN CENTRE SECURITIES PLC

DISPOSALS

Town Centre Securities PLC, the Leeds based property investment and development company, announces that it has exchanged contracts for the sale of two properties in Leeds to Bramall Properties Limited for £13.75million.

The properties, in Albion Place, which is let to WH Smith and Hospital Medical Group, and Albion Street, let to Waterstones, have a passing rent of £1.14million. 

The proceeds will be paid in cash and used to pay down group debt.

Completion will take place on 27th May 2009.

- ENDS-

For further information, please contact:

Town Centre Securities PLC www.tcs-plc.com

Edward Ziff, Chairman and Chief Executive 0113 222 1234

Bob Bigley, Finance Director

Smithfield

Reg Hoare 0207 360 4900

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DISDZLFLKXBFBBB
Date   Source Headline
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21st Jul 20065:31 pmRNSBlocklisting Interim Review
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21st Jul 20065:16 pmRNSBlocklisting Interim Review
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19th Jul 200610:27 amRNSCirc re. Capital Reorg.
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15th Jun 200612:25 pmRNSTransaction in Own Shares
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8th Jun 200612:10 pmRNSTransaction in Own Shares
26th May 200611:10 amRNSDirectorate Change
25th May 20064:42 pmRNSPurchase of Own Securities
25th May 20067:00 amRNSPurchase of Own Securities
23rd May 20065:06 pmRNSDirector/PDMR Shareholding
19th May 20067:00 amRNSDirector/PDMR Shareholding
16th May 200610:26 amRNSDirector/PDMR Shareholding

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