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Disposal

5th Jan 2007 07:53

Development Securities PLC05 January 2007 Development Securities completes sale of Cavendish Walk, Huyton Development Securities Plc announces today the sale of the freehold interest inCavendish Walk in Huyton, Merseyside for £24m. Development Securities purchased the site in January 2005 and undertookdevelopment largely on a speculative basis. The new 110,000sq ft shopping centreopened for trading in November 2006. Enquiries: Matthew Weiner, Development Securities PLC 020 7828 4777Mallika Basu, The Communication Group plc 020 7630 1411 This information is provided by RNS The company news service from the London Stock Exchange

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