Development Securities sees increase in activities

Property development and investment company Development Securities saw a dip in its share price despite seeing an increase in development activity in the final quarter of 2011 as it moves further into the implementation of our asset-specific business plans.

Property development and investment company Development Securities saw a dip in its share price despite seeing an increase in development activity in the final quarter of 2011 as it moves further into the implementation of our asset-specific business plans.

In a statement the firm said: "We continue to invest selectively the equity from our rights issue in August 2010, in properties with the potential for refurbishment or redevelopment into prime or near prime assets.

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