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Conygar Investment Company PLC

Conygar Investment Company PLC Planning Permission for Nottingham Scheme Agreed

The Conygar Investment Company PLC (LON:CIC) today announced that a resolution to grant planning permission for Conygar’s mixed use scheme in the centre of Nottingham has been passed.

Robert Ware, Chief Executive of Conygar commented: “We are delighted with the decision of the planning committee which follows a long period of consultation with the Council and other local stakeholders. This is a significant step toward the redevelopment of this important site for Nottingham and we will continue to work closely with the Council to bring the scheme forward as soon as possible.”

Nottingham City Council has resolved to grant permission for development of over two million square feet including offices, apartments and student housing. The permission will be formally granted upon the signing of a S.106 agreement between the parties.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.