Tuesday, July 10, 2007
Pendragon raises cash from property
PENDRAGON, which issued a profits warning last month, could have raised £300m on the sale and leaseback of its properties.
According to the Sunday Times, Britain's largest dealer has agreed to sell a portfolio of 115 properties to the property fund A-Aim.
The property involved in the deal includes dealership sites, vehicle repair depots and its head office.
DATED: 10.07.07
FEED: AW
According to the Sunday Times, Britain's largest dealer has agreed to sell a portfolio of 115 properties to the property fund A-Aim.
The property involved in the deal includes dealership sites, vehicle repair depots and its head office.
DATED: 10.07.07
FEED: AW
