The Conygar Investment Company PLC (LON:CIC) has today announced that a resolution to grant planning permission for Conygar’s mixed use scheme in the centre of Nottingham has been passed.
Nottingham City Council has resolved to grant permission for development of over two million square feet including offices, apartments and student housing. The permission will be formally granted upon the signing of a S.106 agreement between the parties.
Robert Ware, Chief Executive of Conygar Investment Company PLC commented:
“We are delighted with the decision of the planning committee which follows a long period of consultation with the Council and other local stakeholders. This is a significant step toward the redevelopment of this important site for Nottingham and we will continue to work closely with the Council to bring the scheme forward as soon as possible.”
The Conygar Investment Company PLC is an AIM quoted property investment and development group dealing primarily in UK property. The group aims to invest in property assets where we can add significant value using our property management, development and transaction structuring skills.