16th Dec 2020 17:26
Caledonian Trust PLC - Edinburgh-based property investment firm - Agrees to sell Ardpatrick Estate in Argyll, Scotland for GBP2.7 million, below the book value of GBP3.0 million attributed to the property as at June 30, 2019.
Proceeds from disposal will go towards funding for the company's existing property development programme, repay existing debt and provide general working capital.
Current stock price: 155.00 pence
Year-to-date change: down 15%
By Dayo Laniyan; [email protected]
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