2nd Oct 2013 08:42
LONDON (Alliance News) - Development Securities PLC confirmed Wednesday that, in a joint venture with Patron Capital, it had conditionally exchanged on the sale of the Phones 4u Arena in Manchester.
No financial details were disclosed and Development Securities said it would be unable to provide further comment until the conditions of the exchange were concluded.
Shares in the property developer were trading down 1.9% at 201.56 pence Wednesday morning.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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