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The Barkby Group PLC ( (GB:ROAD) ) just unveiled an update.
Roadside Real Estate PLC, through its joint venture with Meadow Real Estate Fund VI LP, has announced the acquisition of Brampton Hut services located at a strategic junction in Cambridgeshire. This acquisition, valued at £4.81 million, includes lettable space leased to well-known brands and ample parking spaces. The joint venture plans to enhance the site with the installation of 10 EV charging points by Gridserve Electric Hubs Limited, which will be operational by mid-2025. This development is expected to increase footfall and tenant desirability, while also contributing to their pipeline of over £150 million in roadside real estate investments. This expansion aligns with their focus on sustainable returns and providing valuable amenities.
More about The Barkby Group PLC
YTD Price Performance: 375.59%
Average Trading Volume: 130,938
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £43.39M
For an in-depth examination of ROAD stock, go to TipRanks’ Stock Analysis page.