The sale of the bulk of its asset is expected to complete in April
The AIM-listed company has sold its last substantive asset for £12.3m
AIM-listed company expects all assets to be liquidated by end of financial year
Circle Property now has a rump of £20m after selling 60% of its portfolio
Somerset House was sold at a 16% discount to its March 2022 valuation
The firm is now debt-free with £16.5m in the bank
Executives will receive bonuses depending on how quickly and profitably they sell regional offices
Investment firm strikes deal with acquisitive LXi REIT and plans further sales
Regional investor says office portfolio remained largely stable through year of pandemic
Regional office investor reports occupiers increasingly reluctant to fund expensive fit-outs
The regional office investor has collected 80% of rent due for the final quarter
Regional office developer Circle Property reports increase in portfolio value to £139.5m