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Conygar Investment Company PLC

INTERVIEW: Conygar Investment Company Well positioned to capitalise on future opportunities

Conygar Investment Company Plc (LON:CIC), property investment and development group dealing primarily in UK property, announced preliminary results for the year ended 30 September 2018. Robert Ware, CEO and Ross McCaskill CFO of Conygar joined DirectorsTalk to discuss the results. Ross talks us through the key highlights of the results, the key areas in the development pipeline, further opportunities and the criteria they look for.

The Conygar Investment Company PLC is an AIM quoted property investment and development group dealing primarily in UK property. The group aims to invest in property assets where we can add significant value using our property management, development and transaction structuring skills.

Robert Ware, Conygar Investment Company PLC Chief Executive, commented:

“Significant progress and change has occurred over the year. With the sale of our holding in Regional REIT and the sale or forward sale of certain assets, our balance sheet is now stronger than a year ago, consisting only of our properties and cash reserves, with no debt. We have submitted outline planning for the Nottingham City Centre site, taken full control of the Holyhead Waterfront development, are delivering our properties under construction and are also well positioned to capitalise on other opportunities when they arise.”

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