Sunday, Feb 11, 2007
York Minster to sell assets
York Press: York Minster to sell assets
YORK Minster is planning to sell a number of properties in the city - but the money raised won't help the cathedral's £23 million restoration appeal.
The proceeds will be invested in other assets to bring a better return on investments, said a spokeswoman.
Posted by bearback @ 09:19 AM (159 views) Add Comment
1 Comment
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. dohousescrashinthewoods said...
That's pretty astute. Keep the portfolio in good shape to fund the minster.
It's interesting they feel property isn't a good return on investment. I wonder who is advising them?
Perhaps they would also be willing to impart this advice to BTL landlords?
Is "in the next 12 months" soon enough?