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Harworth ( (GB:HWG) ) has shared an announcement.
Harworth Group plc has completed the sale of a 278-acre strategic land site in Ansty, Warwickshire, for £53.5 million, marking a premium over its June 2024 book value. This transaction underscores Harworth’s expertise in generating significant value from strategic land assembly, allowing the company to reinvest proceeds into its extensive Industrial & Logistics pipeline, further enhancing its growth prospects and operational capabilities.
More about Harworth
Harworth Group plc is a leading sustainable regenerator of land and property for development and investment, listed on the London Stock Exchange and part of the FTSE 250 index. The company manages a diverse portfolio of over 14,000 acres across more than 100 sites in the North of England and Midlands, focusing on transforming large, complex sites, especially former industrial locations, into Industrial & Logistics and Residential developments to foster sustainable communities and economic growth.
YTD Price Performance: 38.49%
Average Trading Volume: 196,281
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £538.9M
For a thorough assessment of HWG stock, go to TipRanks’ Stock Analysis page.
