Land Sales

RNS Number : 5245N

Inland Homes PLC

19 May 2015

 

19 May 2015

Inland Homes PLC

('Inland Homes', 'Inland' or the 'Group')

Land Sales

Inland Homes, the specialist housebuilder and brownfield land developer, today announces that it has sold 230 residential plots with planning permission across three brownfield sites at Queensgate in Farnborough, Gerrards Cross in Buckinghamshire and Woolwich in East London for total sale proceeds amounting to £20m.

Commenting, Stephen Wicks, CEO, Inland Homes, said:

"The sale of 230 residential consented plots represents further positive momentum for Inland as the Group continues to implement its growth strategy and demonstrates the ongoing demand for consented land from both regional and national housebuilders.

"I am also pleased to report that Inland won the 'Housebuilder of the Year' award at the Thames Valley Property Awards 2015 and received the Highly Commended award for Best Regeneration Project at the Evening Standard New Homes Awards 2015.  This is testament to the value added to all our projects by our team and I should like to thank all our members of staff and consultants for the excellent work that they continue to perform." 

ENDS

Enquiries:
www.inlandplc.com AIM: Ticker: INL
Inland Homes plc	Stifel Nicolaus Europe Limited	Blytheweigh
Stephen Wicks, Chief Executive	Nominated Adviser & Broker	IR & Media Relations
Nishith Malde, Finance Director Paul Brett, Land Director	Corporate Finance: David Arch and Roger Clarke	Halimah Hussain: 07725 978141 Alex Shilov: 07989 394027 or
Tel: [phone]	Tel: [phone]	Tel: [phone]

Notes to Editors:

Inland Homes identifies brownfield land in the South and South-East of England principally for residentially led development schemes.  The business then enhances the land value by obtaining planning permission, before building houses for private sale or selling consented land onto other developers.

 

END

 

 

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