CH Bailey agrees conditional sale of Malta property

C H Bailey has announced the conditional sale of 16 Charles Street, Malta, for €1.73m.

The AIM-listed company, which has investments and operations in leisure and property in Tanzania, South Africa and Malta, has entered into “promise of sale” agreement under Maltese law.

It expects the deal to complete in the first half of next year and said further announcements will be made in due course.