Construction and Housebuilding

Signs hotel deal with Whitbread; sells 118 housing units to IRES

  • Sectors : Construction and Housebuilding
  • Companies : Glenveagh Properties | Whitbread | IRES REIT

Ratings and price correct at time of issue.

  • Glenveagh Properties

    Closing Price: 88.0c

  • RATING 10/11/17

  • PREVIOUS RATING N/A

DAVY VIEW

Glenveagh Properties has made meaningful progress on its Castleforbes site with the Whitbread transaction this morning. The demand from private rented sector (PRS) players can also be seen in the transaction with IRES. Both announcements are positive newsflow for the stock.

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Mar 25 2019, 07:45 GMT

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