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CLS Holdings ( (GB:CLI) ) just unveiled an announcement.
CLS Holdings PLC has announced a 7-month lease extension with the National Crime Agency for its Spring Gardens location, securing an additional £7.0 million in rent for 2026. This aligns with their redevelopment plans for the site, now named Citadel Place, in Vauxhall, London. The redevelopment, which aims to submit planning in Q2 2025, will transform the area into a residential-led scheme offering approximately 500 homes, alongside communal spaces, retail units, and pedestrian routes. The development underscores CLS’s commitment to sustainable urban development and enhancing shareholder value.
More about CLS Holdings
CLS Holdings PLC operates within the real estate industry, focusing on property investment and development. The company has a strategic market focus on urban redevelopment, aiming to create sustainable and vibrant residential and commercial areas.
YTD Price Performance: -8.13%
Average Trading Volume: 381,179
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £283M
See more data about CLI stock on TipRanks’ Stock Analysis page.
