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IN BRIEF: Conygar Investment gets green light from Nottingham Council

ALN

Conygar Investment Co PLC - property investment and development group - Says that Nottingham City Council has passed a resolution to grant planning for the next phase of The Island Quarter. This phase of the development comprises 247 build to rent apartments, 223 hotel rooms, 400 co-working desks as well as a food and beverage provision, it says.

Chief Executive Officer Robert Ware comments: ‘We are delighted that the Council have approved the plans for the next phase of our exciting project in Nottingham. This builds on our success in achieving permission for the student accommodation and the soon-to-open venue at Canal Turn’.

Current stock price: 150.90 pence

12-month change: up 24%

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