Max sells business park to Scottish Widows and Centurion

By A staff reporter 2010-01-04T00:00:00

Max Property Group has announced the sale of Southwood Business Park to Scottish Widows and Centurion Properties for £16.5 mln (EUR 18.4 mln). The sale price represents a profit of £1.8m over the property's September valuation. Net of debt repayment, £7.8 mln of cash will be released for new acquisitions.

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