4th Aug 2020 20:02
U&I Group PLC - real estate regeneration company - Says Mayfield in Manchester has secured GBP23 million in grant funding from the government's GBP900 million Getting Building Fund. Phase one of the Mayfield scheme includes a park, nine storey 75,900 square foot office building, 13-storey 244,000 square foot office building and a 581-space multi-storey car park. Overall scheme is expected to deliver around GBP60 million to GBP80 million of profit and GBP40 million in development management fees to U&I over its lifespan.
Current stock price: 70.40 pence
Year-to-date change: down 60%
By Lucy Heming;Â [email protected]
Copyright 2020 Alliance News Limited. All Rights Reserved.
Related Shares:
UAI.L