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Springfield Properties Sells Land Plots in Scotland for GBP12 Million

MT Newswires·08/17/2026 04:55:57
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04:55 AM EDT, 08/17/2026 (MT Newswires) -- Springfield Properties (SPR.L) said Monday it divested 170 land plots in Central Scotland for 12 million pounds sterling. The London-listed housebuilder used a 6.5 million-pound portion of the proceeds to fully pay the deferred consideration balance in its purchase of property company Mactaggart & Mickel Group's housebuilding business in Scotland in 2022.