Conygar makes planning bid for Nottingham student accommodation

(Sharecast News) - Real estate firm the Conygar Investment Company reported a step forward in the development of The Island Quarter in Nottingham on Friday. The AIM-traded firm said it had submitted a comprehensive application for the next phase of development at the site, encompassing the construction of a 383-bed student accommodation scheme.

"We are delighted to submit this application for the next phase of our development. Nottingham is home to two top class universities and this scheme will be an excellent addition to the mixed-use development we are creating at The Island Quarter," said chief executive officer Robert Ware.

At 1224 GMT, shares in the Conygar Investment Company were up 3.55% at 91.9p.

Reporting by Josh White for Sharecast.com.