Business
Part Disposal of Aker Village, Aberdeen
Part Disposal of Aker Village, Aberdeen.
About this update from Conygar Investment Company Plc
[{"type":"text","content":"\n \nRNS Number : 8491H Conygar Investment Company PLC(The) 23 May 2014 \n\n \nFor immediate release\n23 May 2014\n \nTHE CONYGAR INVESTMENT COMPANY PLC\nPART DISPOSAL OF AKER VILLAGE, ABERDEEN\nThe Conygar Investment Company PLC (\"Conygar\"), the property investment and development group, announces that it has completed on the sale of Site 2, Aker Village, Aberdeen for a consideration of £7.45 million, a surplus of £700,000 over the September 2013 valuation and an 8.8% uplift after deducting costs of sale.\n \nThe site comprises a 60,000 sq ft detached warehouse let to Aker Business Services Limited at a rent of £570,490 per annum exclusive.\n \nRobert Ware, Chief Executive of Conygar commented: \n \n\"Further to our recent sale of Site 1, Aker Village, Aberdeen, we are pleased to have again been able to take advantage of an improving market to dispose of another part of our holding and to have crystallised a significant surplus over our book value.\"\n \nEnquiries:\nThe Conygar Investment Company PLC\nRobert Ware/Steven Vaughan: 020 7258 8670\n \nLiberum Capital Limited (Nominated Adviser and Broker)\nChris Bowman/Richard Bootle: 020 3100 2222\n \nTemple Bar Advisory (Public Relations)\nAlex Child-Villiers: 07795 425580\n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCEADSAALNLEFF\n ","length":2653,"tagName":"div"}]