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Conygar Investment Company PLC

Residential plot sold

A 4.3-acre residential plot in Cross Hands has been sold.

The site has permission for 69 homes and is part of a wider scheme brought forward by joint vendors Carmarthenshire County Council and George LB.

Approximately 143 new homes have already been built by Persimmon Plc in addition to a new 90,000 sqft destination retail scheme constructed by The Conygar Investment Company PLC.

Alongside other leading brands like B&M Retail, Costa Coffee, Jenkins Bakery and The Food Warehouse, Conygar have recently secured Lidl for a new foodstore which is due to open later this year.

Conygar Investment Company PLC (LON:CIC) is an AIM quoted property investment and development group dealing primarily in UK property. The group aims to invest in property assets where they can add significant value using their property management, development and transaction structuring skills.

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