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Significant news from Inland Homes

19/11/2015 · Inland Homes (INL) 

AimZine comment: Inland Homes (AIM: INL) announced three significant transactions this morning:

1. The sale of the major part of its site at the former RAF Stanbridge, to Catalyst Housing Association for £14 million

2. A Group subsidiary, Inland Homes Developments Ltd, has signed a £20 million revolving credit facility with Barclays Bank plc to fund much of the Group’s housebuilding activities

3. The Group has taken a 25% stake in a new premium housebuilding company, Troy Homes Ltd, for an investment of £1 million

The Land…

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