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HWG Harworth Group Plc

130.50
-0.50 (-0.38%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Harworth Group Plc LSE:HWG London Ordinary Share GB00BYZJ7G42 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.50 -0.38% 130.50 128.00 130.00 130.00 127.50 127.50 41,669 16:35:26
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Offices-holdng Companies,nec 72.43M 37.96M 0.1172 11.09 420.86M

Harworth Group PLC Update on Logistics North (7835S)

28/12/2016 7:00am

UK Regulatory


Harworth (LSE:HWG)
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From Apr 2019 to Apr 2024

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TIDMHWG

RNS Number : 7835S

Harworth Group PLC

28 December 2016

Harworth sells further plot at Logistics North

Harworth Group plc ("Harworth" or the "Company"), the brownfield regeneration and property investment specialist, has today completed the sale of 43.71 acres at its flagship Logistics North development to a leading company for GBP22.5 million.

Highlights

-- Harworth has completed the freehold sale of 43.71 acres at its flagship Logistics North development in Bolton to a leading company for a gross purchase price of GBP22.5 million

-- Adjacent to Junction 4 of the M61, Logistics North provides the ideal location for a regional distribution facility for the purchaser as this leading firm expands its North West presence

-- The deal is the sixth at Logistics North, following freehold land sales to Aldi, MBDA, Joy Global and Exeter Property Group and Harworth's forward funding agreement with M&G to build two large commercial units on their behalf

Commenting on the sale Owen Michaelson, Chief Executive Officer, said:

"With its excellent accessibility, Logistics North has established itself as one of the North of England's leading distribution locations. We are delighted to welcome this leading company to Logistics North as the benefits of the remediation and masterplanning undertaken previously continue to yield results for both Harworth and the site's occupiers."

-ENDS-

Enquiries:

 
Harworth Group plc                   T: 0114 349 3160 / 07825 860215 
Iain Thomson                         E: ithomson@harworthgroup.com 
 
Cardew Group                         T: 020 7930 0777 
Emma Crawshaw/Shan Shan Willenbrock 
 /Emma Ruttle 
 

About Harworth Group

Listed on the main market, Harworth Group plc is one of the leading regeneration specialists in the UK. Harworth owns and manages over 22,000 acres of land across 150 sites, ranging from residential development land to commercial properties, low-carbon energy schemes and agricultural estates.

Harworth is best known in the North West for delivering Logistics North, the region's largest live commercial development where 4 million sq. ft of consented space will be developed over 250 acres in Bolton and includes Aldi's North West headquarters and distribution centre.

www.harworthgroup.com

www.logisticsnorth.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

DISFELFFLFMSELE

(END) Dow Jones Newswires

December 28, 2016 02:00 ET (07:00 GMT)

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