Update on Property Strategy

12 May 2005 15:33

Warner Estate Holdings PLC12 May 2005 Update on Property Strategy Warner Estate and its property funds have made a number of purchases from Morleyin recent years and have established a dialogue through these transactions. Oneresult of this dialogue has been a discussion about the establishment of aregional office fund. Good progress has been made in the last few weeks thatcould lead to a £250m fund being launched. -ends- This information is provided by RNS The company news service from the London Stock Exchange