6th Apr 2022 12:01
(Alliance News) - Inland Homes PLC on Wednesday said that Group Managing Director Gary Skinner has left the company with immediate effect.
Separately, the firm reported it completed two land sales.
One of them was the sale of the former Telephone Exchange in Staines to a private housebuilder. It has an estimated gross development value of GBP65 million, the Beaconsfield, Buckinghamshire-based house builder and brownfield developer added.
The other sale, also to a private housebuilder, was Phase 3 at Gardiners Park Village in Basildon, which has 74 units and an estimated gross development value of GBP27.5 million.
"Demand for our quality land assets remains strong, with Inland owning and managing a land portfolio which is attractive to private housebuilders, affordable housing providers and build to rent operators," said Chief Executive Officer Stephen Wicks.
Inland Homes shares were 3.0% lower at 42.68 pence each in London on Wednesday.
By Tom Budszus; [email protected]
Copyright 2022 Alliance News Limited. All Rights Reserved.
Related Shares:
INL.L