4th Jul 2023 14:29
One Heritage Group PLC - UK-based residential developer focused on the north of England - Says it has exchanged contracts for bulk purchase of 20 apartments in Bolton. The sales are contracted to complete by August 20 and increases the number of sold units to 74 out of a total of 88. Plans to sell the development at Churchgate, Leicester. Says Seaton House, Stockport, is also subject to a viability review of design and costs. Additionally, says it has received the Arla Propertymark accreditation in May 2023 for its lettings operation.
Chief Executive Officer Jason Upton says: "I am pleased to report on the progress made in recent months. Although we have experienced delays due to industry wide critical skills and labour shortages, we continue to identify considerable opportunities that are available in the Northern property market. We are looking forward to updating the market with the construction progress of Victoria Road, Eccleshill, West Yorkshire, and our other upcoming projects."
Current stock price: 15.00 pence each
12-mponth change: down 35%
By Xindi Wei, Alliance News reporter
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