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08:02
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Originally posted by chaswgb:
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We are also waiting on the sale of the 19 hectare site at Wilton International on Teeside UK, currently on offer at £7.5m ($15m AUD). As I have observed before, the UK industrial property market is sluggish at best, and plants such as the Ineos ethanol plant at Grangemouth are being closed, because of high energy costs in the UK. This does not bode well for the early sale of the Teeside land, although I hope I am wrong on that.
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They've now divided the Teesside site into three and marketing on that basis as per the recent quarterly."Satisfaction of other remaining Conditions Precedent and Financial Close of Shenghe transaction" - Q1 2025 "Final Investment Decision (FID)" - Q1 2025
Originally posted by chaswgb:
↑
We are also waiting on the sale of the 19 hectare site at Wilton International on Teeside UK, currently on offer at £7.5m ($15m AUD). As I have observed before, the UK industrial property market is sluggish at best, and plants such as the Ineos ethanol plant at Grangemouth are being closed, because of high energy costs in the UK. This does not bode well for the early sale of the Teeside land, although I hope I am wrong on that.
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(20min delay)