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RNS Number : 4867K

McKay Securities Plc

05 May 2022

5 May 2022

McKAY COMPLETES ON GBP19M DISPOSAL OF READING OFFICE BUILDING

Further to its announcement on 2 February 2022, McKay Securities Plc confirms that it has now completed on the sale of the freehold interest of Great Brighams Mead, an office building in Reading town centre, to residential property developer King's Oak, at the previously announced sale price of GBP19.00 million.

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For further information, please contact:

   McKay Securities Plc                                       FTI Consulting

Simon Perkins, CEO Dido Laurimore, Ellie Sweeney, Talia Jessener

   Giles Salmon, CFO                                            0203 727 1000 
   0118 950 2333                                                   mckay@fticonsulting.com

About McKay Securities

McKay Securities Plc is a commercial property investment company with Real Estate Investment Trust (REIT) status, listed on the main market of the London Stock Exchange. It specialises in the development and refurbishment of office, industrial and logistics buildings within proven markets of South East England and London. The portfolio at 30 September 2021 comprised 33 properties, valued at GBP455.0 million, located in established areas, predominantly along the M4 corridor, where McKay has deep expertise, with a focus on growing satellite towns benefitting from strong connectivity to London and robust demand amongst leading occupiers. www.mckaysecurities.plc.uk

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May 05, 2022 07:14 ET (11:14 GMT)

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