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Conygar Investment Co, a UK-based property investment and development company, has announced that it has exchanged contracts to sell a Virgin Active gym in Nottingham for £6.8 million.
The sale is part of the company's ongoing strategy to realign its property portfolio.
The deal highlights the continued activity in the UK's commercial property market, as companies seek to optimize their asset base and focus on key growth areas.
The sale of the gym is a significant transaction for Conygar, and it provides the company with capital that can be reinvested in other projects.
The news is also a sign of continued interest in the UK's real estate market from investors.
The sale of the gym to a new owner could also lead to new investments and a revitalization of the facility.
The deal is a routine but important development for the company and its investors, and it underscores the continued importance of strategic portfolio management in the property sector.




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