CLS's assets on the up

Property investment company CLS Holdings saw the value of its assets increase in the first half of the year.

Property investment company CLS Holdings saw the value of its assets increase in the first half of the year.

Net assets per share in the six months to June 30th rose 5.6% to 1037.7p from 983.1p at the end of 2011. The aggregate value of net assets rose 3.1% to £458.5m from the year-end figure of £444.9m, as the company enjoyed a boost from receiving planning permission for its Spring Mews mixed-use development and completed the second of its German pre-lets.

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