Property business boosted by ‘exceptional revenues’
13 November, 2019
category: Latest News
Warrington-based commercial property company Langtree has declared “a pleasing year” in its latest financial results, culminating in the buyout of a founding shareholder’s interest.
The share buyback was concluded between Langtree and founding shareholder Network Space in August in a deal worth more than £2m, to consolidate the business in the hands of existing shareholders.
Langtree enjoys a number of joint ventures with local authorities, including the proposed regeneration of Parkside Colliery with St Helens Council and the Southern Gateway scheme in Warrington via its Wire Regeneration joint venture with the local authority.