9 Mar 2009 09:30
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Warner Estate Holdings PLC
("Warner Estate" or "the Group")
WARNER ESTATE ANNOUNCES Β£30.7M SALE OF SOUTHEND SHOPPING CENTRE
Warner Estate Holdings PLCΒ announces todayΒ that it has exchanged contracts forΒ the sale ofΒ The Royals Shopping Centre, Southend to Orchard StreetΒ Investment ManagementΒ for Β£30,713,155.Β The sale is due to complete on 27 March 2009.Β TheΒ proceeds of the sale will be utilised to reduce the GroupΒ debt.
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Date: 9Β March 2009
For further information contact:
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Warner Estate HoldingsΒ PLC |
City Profile |
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Philip Warner, Chairman |
Simon Courtenay |
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Michael Stevens,Β PropertyΒ Director |
Tel: 020-7488-3244 |
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Mark Keogh, Finance Director |
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Tel: 020-7907-5100 |
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Web:Β www.warnerestate.co.uk |
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