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active in the market, and expect to see further significant additions to the development and the property portfolio during the coming year."
"As market conditions remain favourable for acquisitions, we will continue to be Puma Football Boots Evotouch
plans to expand Sci Tech Daresbury, the science and business campus where small technology and medical enterprises work alongside Government scientists.
"We are always looking for the next opportunity to drive the business forward still further."
Key developments were finished, and the value of the group's investments was also affected by prevailing market conditions.
"Overall, we are in good shape, but we will remain focused and work our hardest to get the best results from our existing assets and continue to invest Puma Evopower Vigor 1 Black
It finished the year with post tax profit of 9.5 million, up from 6.6 million in 2011.
Chairman Bill Ainscough said in the annual report: "A sound financial base has allowed us to actively look for new investment opportunities, and in the year we have invested approaching 10 million in acquiring further property assets to add to the group property and development portfolio.
Since the campus was designated an Enterprise Zone in 2011, businesses based there benefit from tax credits.
"The property market remains very subdued, with still further downward pressure being applied to rents and values. During the year, we have absorbed a further erosion of the gross asset value of our existing property portfolio and in our share of the assets contained within our strategic joint ventures.
Langtree is leading Adidas Boots Football 2018
property developer Langtree records rise in profits From St Helens Star
ST HELENS based property development group Langtree has seen a surge in profits to 12.9 million, despite recording a 14.4 million drop in its turnover, which fell to 40.3 million.
wisely to grow the business.
During the year the group completed the new Langtree Park stadium for Saints and the adjacent Tesco superstore in St Helens, as well the restoration of the Festival Gardens in Liverpool.
John Downes added: "This is a project with great potential in every sense. We Evospeed Puma 2016 can foresee Sci Tech Daresbury growing further, to a point where businesses based there could create as many as 15,000 jobs."
Langtree, based at Newton le Willows, finished the year with a post tax profit of 9.5 million, up from 6.6 million in 2011, in the year to June 2012, but boosted pre tax profit from 8.8 million to 12.9 million.
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