Panther Securities (GB:PNS) has released an update.
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Panther Securities PLC has successfully exchanged contracts to sell its freehold interest in Westgate House, Peterborough, for £4 million, significantly increasing its value from the previous book estimate. This strategic move allows Panther Securities to potentially reinvest in future property endeavors, capitalizing on the substantial gain from the property’s sale. The deal is expected to finalize by December 2024, marking a pivotal step in the company’s property portfolio management.
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