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Rowsley To Redevelop Historic Stock Exchange Building Into Boutique Hotel
Daily Bulletin | 25 November 2015
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Rowsley’s wholly owned subsidiary, Rowsley (Stox), has entered into a joint venture agreement with Gary Neville, Ryan Giggs and Sherborne Corporate Services and Kenilworth Consultants to invest in and redevelop the Northern Stock Exchange building in Manchester, United Kingdom into a boutique hotel.

The building will be extensively renovated into a boutique hotel, restaurants, conference/events space, rooftop bar and basement gym. Under the agreement, Rowsley will invest approximately 3.2 million British pounds for a 50 percent stake in Finestday, the joint venture company that owns the Stock Exchange.

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Business: Co engages in invs, invs hldg & strategic invs, & other related activities.

Insight: Feb-18, FY17 revenue declined by 9% to $93.9m main... Read More

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