According to Zhitong Financial App, Far East Development (00035) announced that on May 14, 2024, the seller (Boundary Farm Car Park Limited, an indirect non-wholly-owned subsidiary of the company) plans to sell such properties to the buyer (Boundary Park Holdings Ltd) at a cost of 17.245 million pounds plus VAT.
Property 1 is freehold land located at Boundary Farm, Styal Road, Manchester (M22 5YA), registered as absolute title with the HM Land Registry (HM Land Registry) under title number CH159342. Property 2 is freehold land located on the north side of Moss Lane, Style. It is registered as absolute title in the UK Land Registry under title number CH339689. The properties are currently known as “Boundary Farm Car Park”.