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Name | Symbol | Market | Type |
---|---|---|---|
Wt Wner Usd | LSE:WNER | London | Exchange Traded Fund |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.01 | 0.05% | 21.8675 | 21.80 | 21.935 | 0 | 16:35:05 |
TIDMWNER
RNS Number : 5264U
Warner Estate Holdings PLC
22 December 2011
Warner Estate Holdings PLC
("Warner Estate" or "the Group")
WARNER ESTATE ANNOUNCES GBP70M SALE OF THE AGORA MAX SHOPPING CENTRES
Warner Estate announces today that Agora Max Limited, a 50/50 Joint Venture with Uberior Ventures Limited (part of the Lloyds Banking Group), has completed the sale of The Grange and Pyramid Shopping Centres, Birkenhead for a cash consideration of GBP70m. The proceeds of the sale will be utilised to reduce the debt within Agora Max, which is non-recourse to the Group. The carrying value of the investment in Agora Max on the Company's balance sheet was written down to GBPNil some time ago.
-ends-
Date: 22 December 2011
Enquiries: Warner Estate Holdings PLC Philip Warner, Chairman Mark Keogh, Group Managing Director Robert Game, Group Managing Director - Property
Tel: 020-7907-5100 Web: www.warnerestate.co.uk City Profile Jonathan Gillen Simon Courtenay Tel: 020-7448-3244
This information is provided by RNS
The company news service from the London Stock Exchange
END
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