Battersea power station plan sees shares in REO increase by 3.5%

Shares in Real Estate Opportunities (REO), the Treasury Holdings-backed property investment group, rose by 3.5 per cent to 99p in London last Friday, as the company unveiled details of its stg£4 billion masterplan for the development of the old Batte

21st June, 2008

Shares in Real Estate Opportunities (REO), the Treasury Holdings-backed property investment group, rose by 3.5 per cent to 99p in London last Friday, as the company unveiled details of its stg£4 billion masterplan for the development of the old Battersea power station in London.

The share price nudged the market value of REO to £334 million. Shares in REO have climbed from 81.5p in the last two weeks.

However, the market value of the company,...

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