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equitydevelopment.bsky.social
did:plc:pqmzykqxsfe5txqsqftf4kj3
#SPR Springfield Properties major land sale & Interims
- Selling 2480 plots to Barratt for £64.2m (4 tranches, c.50% to be rec'd in current yr)
- c.60% upgrade to PBT & EPS f'cast for current yr & will eliminate net debt in FY27
- Retains large landbank - focus on significant opportunity in N. Scot
https://www.equitydevelopment.co.uk/research/transformational-land-sale-to-eliminate-debt
2025-02-17T08:30:03.933Z