Harworth (GB:HWG) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Harworth Group PLC has expanded its investment portfolio by acquiring a 285,000 sq. ft. Grade A urban logistics scheme in South Yorkshire for £43.7 million, boasting a net initial yield of 5.4%. This strategic move not only extends the company’s flagship Advanced Manufacturing Park (AMP) but also aligns with its goal to transition its core portfolio to 100% Grade A by 2027. With this acquisition, 90% leased and generating a projected £2.5m in annual rent once fully occupied, Harworth continues to bolster its standing as a major player in sustainable land regeneration and investment.
For further insights into GB:HWG stock, check out TipRanks’ Stock Analysis page.
