Housebuilder Redrow has sold its Scottish operation to Elgin-based firm Springfield Securities for £49m.
The deal consists of £5m cash upfront and £44m to be paid as developments are sold over the next three years.
Redrow's operation in Scotland
Housebuilder Redrow has sold its Scottish operation to Elgin-based firm Springfield Securities for £49m.
The deal consists of £5m cash upfront and £44m to be paid as developments are sold over the next three years.
Redrow's operation in Scotland