The Barkby Group (GB:ROAD) has released an update.
Roadside Real Estate PLC has strategically pivoted to focus on developing a £250m roadside real estate portfolio, with significant progress made towards a £100m target asset pipeline and advancements in their disposal program. They have completed developments in Wellingborough and Maldon, securing a roster of prospective tenants and aim to deploy £100m capital with partner Meadow Partners LLP by the end of 2024. Additionally, the company has sold a minority stake in Cambridge Sleep Sciences post year-end for £7.5m, enhancing liquidity.
For further insights into GB:ROAD stock, check out TipRanks’ Stock Analysis page.
