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Share Name | Share Symbol | Market | Type |
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China Yuchai Intl | TG:CYD | Tradegate | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 8.55 | 8.30 | 8.60 | 0.00 | 09:38:56 |
RNS Number:5101U Countryside Properties PLC 22 January 2004 22 January 2004 Countryside Properties PLC Countryside Properties selected for major town centre mixed-use scheme Countryside Properties PLC ("Countryside Properties"), the specialist developer of sustainable communities, and Capital & Counties (a wholly owned subsidiary of Liberty International PLC) have been selected by Redbridge Borough Council as its development partner for the redevelopment of 2.6 hectares (6.4 acres) of Ilford Town Centre. A major mixed-use regeneration scheme is proposed centred on a new town square immediately south of the High Road and the Town Hall. The two companies will develop the scheme in a joint venture which is projected to have a completed development value of #120 million. Subject to planning permission, the development will comprise approximately 500 apartments including affordable housing and lifetime homes, 11,000m2 of retail and leisure amenities, 1500m2 of community and civic facilities, 300 car parking spaces and a new entrance wing to the Town Hall. Construction should start in Summer 2006 and complete by Autumn 2010. Richard Cherry, Group New Business Director, Countryside Properties, commented: "We are delighted to be working with Capital & Counties on this important mixed-use scheme. Together we will be creating a dynamic urban environment which will revitalise the town centre. Ilford is part of our substantial portfolio of mixed-use projects and can be seen as another example of Countryside Properties' unique and valuable development skills which continue to create new business opportunities." Countryside Properties is today hosting presentations for analysts and investors. The main presentation will be given by David Lunts, Director of Urban Policy at the Office of the Deputy Prime Minister, who will speak on the importance of the Government's Communities Plan and the South East growth areas. Countryside Properties will confirm its strong strategic and geographic positioning in the light of changing government policy. No new material information on Countryside Properties will be disclosed. - Ends - Notes to Editors: Countryside Properties PLC is a specialist development company recognised in particular for the development of sustainable communities and urban and rural regeneration. Countryside Properties' operations are mainly in London and the South East, the South West and North West of England. Other major City Centre regeneration projects include Anglia Polytechnic University in Chelmsford, Essex, Guildford Railway Station in Surrey and the remodelling of Fairfield Halls in Croydon. Based in Brentwood, Essex, the Company is listed on the London Stock Exchange and is a constituent member of the FTSE4Good index. Capital & Counties is a wholly owned subsidiary of Liberty International, a FTSE 100 company, and controls property investments worth around #850 million. This includes significant holdings in Central London, particularly the West End, Mid Town and the South Bank. The company also owns offices around the M25 as well as major retail interests both in Central London and a number of UK cities. As well as its UK interests, Capital & Counties has a US property company based in San Francisco with assets in Northern and Southern California. Liberty International PLC is a major UK listed property group owning 100 per cent of Capital & Counties and Capital Shopping Centres PLC, the leading regional shopping centre business. Property assets under management, including partners' interests, amount to over #5.0 billion of which #4.5 billion is directly owned. Liberty International has been listed on the London Stock Exchange since July 1992 and is also listed on the Johannesburg Stock Exchange. For further information, please contact: Countryside Properties PLC 01277 260 000 Graham Cherry, Chief Executive Richard Cherry, Group New Business Director Guy Lambert, Corporate Communications Manager Weber Shandwick Square Mile 020 7067 0700 Nick Oborne, Louise Robson or Sally Lewis Capital & Counties 020 7887 7029 Margaret Harwood, PR Manager This information is provided by RNS The company news service from the London Stock Exchange END MSCQKDKDCBKDBDB
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