Development Securities grows Lawley Village
Property firm Development Securities has risen sharply in early trading after announcing progress at its planned Lawley Village regeneration development in Telford.
Property firm Development Securities has risen sharply in early trading after announcing progress at its planned Lawley Village regeneration development in Telford.
The group has sold a 1.1 acre site within the village to Sanctuary Group, a care homes provider. Work has already begun on an £8m "Extra Care" scheme on the plot.
The new homes will sit within the wider 8.95 acre master plan.
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At just after the open, Development Securities shares had gained 2.5%. Since the beginning of the year the stock has risen 9.3%.
BS
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