McKay Securities Plc McKay completes GBP19m disposal of Reading Office (4867K)
05 Mai 2022 - 1:14PM
UK Regulatory
TIDMMCKS
RNS Number : 4867K
McKay Securities Plc
05 May 2022
5 May 2022
McKAY COMPLETES ON GBP19M DISPOSAL OF READING OFFICE
BUILDING
Further to its announcement on 2 February 2022, McKay Securities
Plc confirms that it has now completed on the sale of the freehold
interest of Great Brighams Mead, an office building in Reading town
centre, to residential property developer King's Oak, at the
previously announced sale price of GBP19.00 million.
- ENDS -
For further information, please contact:
McKay Securities Plc FTI Consulting
Simon Perkins, CEO Dido Laurimore, Ellie Sweeney, Talia
Jessener
Giles Salmon, CFO 0203 727 1000
0118 950 2333 mckay@fticonsulting.com
About McKay Securities
McKay Securities Plc is a commercial property investment company
with Real Estate Investment Trust (REIT) status, listed on the main
market of the London Stock Exchange. It specialises in the
development and refurbishment of office, industrial and logistics
buildings within proven markets of South East England and London.
The portfolio at 30 September 2021 comprised 33 properties, valued
at GBP455.0 million, located in established areas, predominantly
along the M4 corridor, where McKay has deep expertise, with a focus
on growing satellite towns benefitting from strong connectivity to
London and robust demand amongst leading occupiers.
www.mckaysecurities.plc.uk
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END
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