CLS Holdings Plc sales a portfolio of 19 regional offices in the UK

  • Dec 31, 2019 GMT
  • Team Kalkine
CLS Holdings Plc (LON: CLI) has reported the sale of the UK regional office portfolio.
  • The company has sold a portfolio of 19 regional offices in the UK to Elite Capital Partners - a Singaporean investment firm.
  • The stated portfolio comprises 618,223 sq. ft and is 97.5 per cent let on FRI leases to various UK Government bodies. The sale was for an aggregate cash consideration of around £65.0 million
  • On 31st December 2019, at the time of writing, GMT 08:03 AM, CLI shares were trading at GBX 303.07, up by 5.57 points or 1.87% against the previous day closing price.

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