Nottingham’s The Island Quarter development has been given a boost after it was revalued at nearly £30m more than cost.
The 36-acre scheme is designed to create a new community in Nottingham once it is fully built out.
Conygar bought The Island Quarter in 2016 and over the last year has submitted three detailed planning applications for the early phase developments.
Conygar Investment Company PLC (LON:CIC) is an AIM quoted property investment and development group dealing primarily in UK property.