Inland PLC
09 May 2007
For immediate release 9 May 2007
Inland plc
('Inland' or the 'Company')
Planning permission secured on brown field site in Northwood Middlesex
Inland, which specialises in buying brown field sites and enhancing their value
by obtaining planning permission, is pleased to announce that planning consent
has been secured on a third site.
The approved consent is for a development of 14 homes in Northwood, Middlesex
and in line with Inland's business model this land will now be sold in the open
market. The board of Inland strongly believe that this site will generate an
attractive and potentially profitable offer from a local or national house
builder who in turn would be able to commence construction immediately.
Stephen Wicks, Chief Executive of Inland commented
'I am delighted that we have secured this valuable planning permission, which
was obtained in less than five months, in an environment where securing planning
consent has become extremely difficult. This consent is a credit to the tenacity
and the professionalism of our land team who successfully led the negotiations
with the London Borough of Hillingdon.'
For further information please contact:
Inland Plc Tel: 01923 713 600
Stephen Wicks, Chief Executive
Nishith Malde, Finance Director
Dawnay, Day Corporate Finance Limited, Nominated Adviser Tel: 020 7509 4570
David Floyd
Alex Stanbury
Buchanan Communications Tel: 020 7466 5000
Jeremy Garcia
Susanna Gale
About Inland plc
Inland plc is a dynamic developer of urban regeneration projects around Southern
England. Predominantly specialising in Brownfield developments, the Inland team
can provide solutions to a variety of difficult and sensitive land situations.
Inland successfully navigates the complex planning system, applying meticulous
attention to detail throughout the design process whilst utilising its close
working relationships with local authorities. Our ability to secure sites often
overlooked by others, means our track record in the development of Brownfield
opportunities is second to none.
This information is provided by RNS
The company news service from the London Stock Exchange
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