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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 JV Buys £15.7 Million London Property From NAMA

11/04/2012 8:49am

Dow Jones News


U And I (LSE:UAI)
Historical Stock Chart


From Apr 2019 to Apr 2024

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Development Securities PLC (DSC.LN), a property developer and investor, announced Wednesday that it acquired a vacant residential building adjacent to London's Olympic Park for GBP15.7 million, in joint venture with Canadian real estate investor Realstar Group.

MAIN FACTS:

-Asset bought from Ireland's National Asset Management Agency, or NAMA

-Senior bank debt was provided by Royal Bank of Scotland Group PLC (RBS.LN)

-Residential scheme at Wick Lane, Hackney Wick, comprises 112 units over 116,000 sq ft and an additional 12,000 sq ft of retail/employment space.

-Unoccupied residential apartments will be refurbished and let

-Shares at 0710 GMT down 1 pence, or 0.9%, at 175 pence valuing the company at GBP214 million.

-By Ed Ballard, Dow Jones Newswires; 44-20-7842-9375; ed.ballard@dowjones.com

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