Report And Accounts

Overview

The report describes a challenging year for the property investment and development group, with net asset value falling by £34.0 million to £61.1 million, primarily because of property write-downs. It highlights completion of the 693-bed Winfield Court student accommodation development in June 2024, with 54% occupancy in the current academic year. The Group also acquired the Virgin Active gym at The Island Quarter for £5.9 million and submitted planning for a 383-bed second phase. Its ESG report sets out commitments covering climate impacts, stakeholder engagement, environmental efficiency, and governance, while identifying development of a mechanism to estimate Scope 3 emissions as a goal.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2024
Period: Ends 30 September 2024
Publication date: 16 December 2024
Language: English
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