CLS sells three properties for £39.8m

CLS sells three properties for £39.8m

CLS has sold two UK properties, Great West House, Brentford and 62 London Road, Staines and one French property, 96 Rue Nationale, Lille for a total of £39.8 million.

The three properties sold for an average 3.7% above the 31 December 2021 valuations.

Fredrik Widlund, Chief Executive Officer of CLS, commented: “These disposals are in line with CLS’ asset management strategy and secure a significant return for CLS, capturing value for our investors while providing additional financial flexibility for the Group. I look forward to updating investors further on our recent performance with the announcement of our half year results next week.’