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IN BRIEF: One Heritage Group sells property to related company

10th May 2022 14:44

One Heritage Group PLC - residential property developer in north-west England - Sells Nicholas Street Developments Ltd to One Heritage Property Rental Ltd. The latter's firm parent company is Heritage SPC – UK Property Development Fund SP2. Yiu Tak Cheung is an investment manager of Heritage SPC and a director at One Heritage Group. One Heritage Group will receive GBP650,000 for the sale, a gain of GBP190,000 from when it bought the property in July 2019.

Current stock price: 28.80 pence, down 5.6% on Tuesday

12-month change: down 48%

By Tom Budszus; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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