24/11/2015 22:11:09 Cookie Policy Free Membership Login
Share Name Share Symbol Market Type Share ISIN Share Description
U And I Group LSE:UAI London Ordinary Share GB0002668464 ORD 50P
  Price Change Price Change % Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +1.25 +0.55% 227.00 223.00 225.25 227.75 218.50 227.00 79,750 16:35:27
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment & Services 203.7 34.8 26.8 8.5 283.64

Development Securities Acquires Real Estate in Romford for GBP8.3M

11/07/2013 8:24am

Dow Jones News

U And I Group (LSE:UAI)
Historical Stock Chart

3 Years : From Nov 2012 to Nov 2015

Click Here for more U And I Group Charts.

LONDON--Development Securities PLC (DSC.LN), a property developer and investor, Thursday announced the 8.3 million pound acquisition of Tollgate House and Market Place in Romford, Greater London, from administrators acting on behalf of Lloyds Banking Group.


-Total acquisition of 104,400 square feet of mixed-use real estate and includes the part-freehold and part-long leasehold of three real estate assets with development potential

-Market Place comprises 44,300 square-foot of retail space, which is 78% let to national and local retailers, and 69 residential apartments.

-A part-built development at Market place will take GBP3.2 million and nine months to complete, and will include 35,200 square feet of further retail space and another 22 residential apartments

-Tollgate House has 8,100 square feet of office space and 2,500 square feet of retail space; the building is 93% let with plans to increase occupancy and enhance income through minor refurbishment works

-The blended initial yield across the assets is currently 8.01% with a weighted average lease length of 13.1 years

-Shares at 0750 GMT up 1 pence, or 0.64%, at 197 pence valuing the company at GBP239.53 million.

Write to Nick Kostov at nick.kostov@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

1 Year U And I Group Chart

1 Year U And I Group Chart

1 Month U And I Group Chart

1 Month U And I Group Chart

Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

1 site:2 gb 151124 22:11