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Annual Report 2012 - Development Securities PLC

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328 Sandbanks Road,<br />

Dorset<br />

A single residential property in the prime Sandbanks area was acquired<br />

in February 2011 for £5.0 million and planning consent was<br />

subsequently secured for its redevelopment into five luxury apartments.<br />

Works are currently underway with practical completion targeted<br />

for the beginning of Q3 <strong>2012</strong>. An early targeted marketing campaign<br />

has been launched with strong anticipated interest for these prime<br />

waterside apartments.<br />

www.three-two-eight.com<br />

<strong>Development</strong> <strong>Securities</strong> <strong>PLC</strong> / <strong>Annual</strong> <strong>Report</strong> <strong>2012</strong> 21

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