Share Prices & Company Research

Market News

01 Mar 2021 | 07:52

HICL sells London police station PPP interests for £27m

(Sharecast News) - Infrastructure investment company HICL said it sold its interests in the South East London police stations public-private public private partnership project for £27m. The sale was expected to complete during the first quarter of this year, the company said on Monday.

Harry Seekings, Head of Infrastructure at InfraRed Capital Partners Limited, said: "This transaction reflects a continuation of HICL's strategy to pursue selective disposals where they are accretive to the Group's portfolio and deliver value to shareholders."

"The proceeds provide further capacity to pursue HICL's attractive pipeline of investment opportunities."

Get in touch today
Join Redmayne Bentley
Talk to us now about opening a new account or transferring your account from another provider
0113 243 6941
Get in touch today
Contact your local office
Contact your local office to find out more
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
Continuing our Personal Service: View our Latest COVID-19 Update: 30th April 2021
We use cookies on this site to improve your experience and help us provide you with a better website. An explanation of the cookies we use and their purpose can be found within our Cookie Policy. Your continued use of this site means you consent to the use of cookies.