Argent, the property development and investment company, said it had up to £150m available for acquisitions. Shopping centres which require improvements or larger retail warehouse parks are the preferred targets. A consortium Argent has formed with Hermes and Citibank plans to build speculative office schemes in Birmingham, the City of London and Thames Valley Park, near Reading, with an estimated finished value of £350m
Pre-tax profits increased from £2.7m to £13.6m last year.
- Financial Times 20/03/96 page 25
- Times 20/03/96 page 27
