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Roadside Real Estate Targets £250M Portfolio Growth

Roadside Real Estate Targets £250M Portfolio Growth

The Barkby Group (GB:ROAD) has released an update.

Confident Investing Starts Here:

Roadside Real Estate PLC has strategically pivoted to focus on developing a £250m roadside real estate portfolio, with significant progress made towards a £100m target asset pipeline and advancements in their disposal program. They have completed developments in Wellingborough and Maldon, securing a roster of prospective tenants and aim to deploy £100m capital with partner Meadow Partners LLP by the end of 2024. Additionally, the company has sold a minority stake in Cambridge Sleep Sciences post year-end for £7.5m, enhancing liquidity.

For further insights into GB:ROAD stock, check out TipRanks’ Stock Analysis page.

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