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Highcross sells Portsmouth site to De Vere hotels

Highcross has sold a 3.1 acre site at its Lakeside North Harbour Business Park in Portsmouth to De Vere Group for a resort hotel. Land values in the area are understood to be around £1m per acre.
CoStar News
October 4, 2012 | 4:22 P.M.

The group’s De Vere Village Urban Resorts division has exchanged contracts to buy a 250-year leasehold interest in the land at the expanding business park.

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