Further property deals by Hargreaves Services (LON: HSP) provide further indications of the underlying value of the land and property assets in the balance sheet. At the moment, the contracts are conditional, and they will not have an immediate effect on the figures.
The larger deal is for the development and sale of two large distribution units, which will be 191,000 square feet and 375,000 square feet respectively, at the 50%-owned Unity site. Detailed planning permissions are required for the sites and that should be obtained by the end of the year. The deal will be fully completed within 1...
