Acquisition
April 12 2006 - 12:38PM
UK Regulatory
RNS Number:4687B
CityBlock PLC
12 April 2006
CITYBLOCK PLC ANNOUNCES PURCHASE OF DEVELOPMENT SITE IN CARLISLE
Following the announcement on 11 April 2006, CityBlock plc, the AIM-quoted
developer and operator of up-market, secure, off-campus student accommodation,
today announces that is has exchanged contracts for the purchase of a
development site in Carlisle for the sum of #650,000. Debt funding will be
provided by Yorkshire Bank plc. The site is in a prime student-orientated
location in the Carlisle area.
For further information please contact:
Trevor Bargh, CityBlock plc Tel: 01524 541 278
David Youngman, WH Ireland Ltd Tel: 0161 832 2174
This information is provided by RNS
The company news service from the London Stock Exchange
END
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