Inland up DGV share

west drayton garden villageInland Homes has made a further deferred land consideration payment on the Drayton Garden Village project at West Drayton to the Defence Infrastructure Organisation.

The company say this means their profit share from this project now increases to just over 72% Under the agreement, the Inland Group has the potential to earn up to 90% of the profits realised from the sale of the property over the life of the project.

In the same announcement, Inland confirmed that they have now completed the sale of their stake in Howarth Homes for a cash consideration of £1.4m, which has now been received.

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