LXB sells remaining land interests at Rushden Lakes
7th Aug 2018 15:01
(Sharecast News) - Jersey resident closed-ended real estate investment company LXB Retail Properties announced on Tuesday that, on 3 August, it completed the sale of its remaining land interests at Rushden Lakes, and was now freed from its obligations in connection with Phase 4, the Garden Square scheme.
Read moreLXB Retail's Rushden Lakes development referred to Sajid Javid
9th Feb 2017 10:17
(ShareCast News) - Real estate investment property LXB Retail Properties said on Thursday that the Planning Committee of East Northamptonshire Council has voted unanimously to approve its application for a revised and enhanced development at Rushden Lakes. Following the approval and owing to the sca
Read moreLXB Retail makes progress on asset sell-down
19th Dec 2016 14:46
(ShareCast News) - Jersey resident closed-ended real estate investment company LXB Retail Properties updated the market on its progress in delivering on the shareholders' mandate to realise cash from its portfolio of investments on Monday. The AIM-traded firm's announcement on 21 November confirmed
Read moreLXB Retail Properties sells part of Ayr investment
13th Sep 2016 10:45
(ShareCast News) - Jersey-resident closed-ended real estate investment company LXB Retail Properties reported on Tuesday that it has concluded an agreement to dispose of part of its property interests in the Ayr scheme for total consideration of £5.0m. The AIM-traded group said it is also in "advanc
Read moreLXB Retail sells Greenwich B&Q investment
26th Aug 2016 08:28
(ShareCast News) - Jersey-based real estate investment firm LXB Retail Properties said it had exchanged contracts for the sale of its investment at B&Q Greenwich to an unnamed UK investor for £43.3m, adding that it planned to return around £20m to shareholders. The property is currently let to B&Q P
Read moreDirectors dealings: Norcros finance chief picks up shares
15th Jul 2016 16:31
(ShareCast News) - Norcros's finance chief Shaun Smith picked some shares in the Bathroom products company following the recent sharp drop in the stock price in the wake of the EU referendum vote. Smith, who was appointed to his post in April 2016, bought 20,000 shares at an individual price of 157p
Read moreDirector dealings: LXB director buying spree continues
14th Jul 2016 16:19
(ShareCast News) - LXB Retail Properties director John Irvine has bought £0.54m worth of the property investor's shares to add to his pension fund. Irvine, a former joint managing director of cheesemaker A McLelland & Son where he launched the "Seriously Strong" cheddar brand, forked out the cash on
Read moreDirector dealings: LXB Retail's Kitchen sinks more cash into new strategy
22nd Jun 2016 10:50
(ShareCast News) - LXB Retail Properties director Danny Kitchen has made his second purchase of shares this month, splashing out around £41,000. Kitchen, a non-executive director of the company, purchased 60,984 shares in the company at a price of 67p per share. This followed a purchase of 72,660 s
Read moreLXB reports progress at three retail developments
25th Apr 2016 16:22
(ShareCast News) - LXB Retail Properties updated the market on positive progress in three of its operating areas on Monday, with investments in Stafford, Rushden Lakes and Sheppey moving forward. In Stafford, the AIM-traded company has been in negotiations for some months to secure a pre-let of its
Read moreLXB Retail agrees Kent deal to help Pep & Co's rapid expansion
19th Jan 2016 10:55
(ShareCast News) - Jersey-based real estate investment company LXB Retail Properties said it had exchanged contracts with South African retail group Pep & Co to let a 10,000 sq ft unit at Neats Court retail park on the Isle of Sheppey in Kent. Pep & Co, a new entrant to the UK retail market run by e
Read moreLearning Technologies Group sells shares to pay for house renovations
30th Sep 2015 15:30
(ShareCast News) - There have been a few director dealings for Learning Technologies Group on Tuesday. The company revealed on Wednesday that chief executive Jonathan Satchell cashed up 3.175m shares for a total of £730,250 to pay for a "personal property renovation". However it's only a fraction of
Read moreDirector's pension scheme slowly buying up LXB Retail
24th Sep 2015 15:04
(ShareCast News) - The trustees of the Ice Blue Directors Pension Scheme are slowly buying up shares in LXB Retail Properties. The scheme, of which LXB director John Irvine is a trustee and beneficiary, purchased over 31,400 shares in the company. It's the third purchase in three days, totalling 14
Read moreLXB Retail make progress at Rushden Lakes, updates on residential work
25th Jun 2015 07:59
Real estate investment company LXB Retail Properties said it has a major anchor tenant for its Rushden complex, as it updated the market on residential projects. LXB said House of Fraser will join M&S and H&M in the £140m Rushden Lakes complex and said there were further discussions with other reta
Read morePZ Cussons Chairman raises stake above 54,000
30th Sep 2013 16:34
The Chairman of consumer products company PZ Cussons has acquired just over 3,000 shares, increasing his stake above 54,000. Richard Harvey purchased the shares at 411p a piece for a total spend of £12,371, just a few days after the company said its results for the last quarter were in line with ex
Read moreLXB Retail Properties grows NAV and profits in first half
17th Jun 2013 07:37
Jersey-based retail real estate group LXB Retail Properties saw decent growth in both net asset value (NAV) and profits in its first half, according to a statement on Monday, while it announced a number of 'substantial' transactions in Greenwich. The company, which is focused mainly on edge-of-town
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