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Capital to be redirected to development assets
Thursday 02 Mar 2017 Author: Tom Sieber


Conygar Investment Company (CIC:AIM) is set to sell its property portfolio to Regional Commercial Midco for £129.8m. Assuming it goes through, the deal would leave the company in a debt-free position and with the capacity to invest in its development assets. The pipeline includes a mix of leisure, residential and commercial projects. (TS)

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