CLS Holdings sells office building for £7m
CLS Holdings
82.80p
16:40 25/04/24
0.36%
0.30p
CLS said it had sold its Sentinel House office building for £7m excluding costs.
FTSE 250
19,601.98
17:09 25/04/24
n/a
n/a
FTSE 350
4,434.34
17:09 25/04/24
n/a
n/a
FTSE All-Share
4,387.94
16:49 25/04/24
n/a
n/a
Real Estate Investment & Services
2,146.24
17:09 25/04/24
-0.77%
-16.66
The sale, at a price 4.5% above a June valuation, allows CLS to crystallise the returns on the asset while releasing capital to strengthen its liquid resources, the company said on Thursday.