Deal snapshot: London and Associated Proper Sells Kings Square, West Bromwich for GBP 4.75m.
MANews-(C)2009-2022
UK-based London and Associated Properties plc (LSE: LAS) has exchanged unconditional contracts to surrender its leasehold interest in Kings Square, West Bromwich to the freeholder, Sandwell Council for a premium of GBP 4.75m (USD 5.74m), the firm said.
The price represents a 5% discount to 2021 year-end valuation. Completion is scheduled for 29 July 2022 and the proceeds will be...
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