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K&C REIT Sells Berkshire House For GBP240,000 On Open Market

4th Nov 2015 12:58

LONDON (Alliance News) - K&C REIT PLC on Wednesday said it has sold its property in Thatcham in Berkshire for GBP240,000.

The company sold the 10 Glebelands property, a two-bedroom house, on the open market. The company will look to sell its other two properties in Berkshire in due course.

The proceeds will be used to repay part of its loan notes.

Shares in the company were down 2.3% to 8.55 pence on Wednesday.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.


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