REG-Lon.&Assoc.Props PLC: £2.35M Sale

London & Associated PropertiesAnnouncement

01/08/2019 10:30

FOR IMMEDIATE RELEASE

1 August 2019

LONDON & ASSOCIATED PROPERTIES PLC:

£2.35M SALE

London & Associated Properties PLC (“LAP” or “the Company”) today
announces it has completed the sale of a building in Brixton to an overseas
buyer for £2.35m cash.

The property was originally acquired in 2006 and formed part of the Atlantic
portfolio which included the successful Brixton markets that LAP sold in 2018
for £37.25m.

The property was last valued at £2.285m as at 31 December 2018 reflecting the
value of the offer less costs.

The cash has been added to the Company’s reserves.

Ends.

Contact:

John Heller, Chief Executive,
LAP.                                          
Tel: 020 7415 5000

Baron Phillips, Baron Phillips
Associates.                                            
Tel: 07767 444193



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