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UAI U And I Group Plc

148.50
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
U And I Group Plc LSE:UAI London Ordinary Share GB0002668464 ORD 50P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 148.50 148.50 149.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Development Securities Buys Cardiff Retail Property For GBP11.63 Million

23/10/2009 8:03am

Dow Jones News


U And I (LSE:UAI)
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U.K. property company Development Securities PLC (DSC.LN) Friday said it has bought a prime retail property in Cardiff, Wales, for GBP11.63 million, the latest in a run of similar-sized acquisitions.

The company said the property on Queen Street is made up of a shopping parade of eight units let to retailers, including Carphone Warehouse Group PLC (CPW.LN) and Abbey National PLC (ANL-LN), and has an income yield of around 8%.

Development Securities has spent around GBP40 million on real estate since it raised GBP100 million of equity in July.

Company Web site: www.developmentsecurities.co.uk

-By Rachael Gormley, Dow Jones Newswires; 44-20-7842-9308; rachael.gormley@dowjones.com

 
 

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