Economic Lifestyle may sell property investment division
23/03/2007
Economic Lifestyle Property Investment Company Ltd, the property investment company, set up by Economic Lifestyle, for the over 65's, could be put up for sale following a strategic review. The company announced its intention to conduct the review following “slower than envisaged” sales progress, particularly in the area of life interests. The outcome of the review is set to be revealed along with preliminary results for the financial period to 31st October 2006, after consultation with shareholders.