GM Looks To Sell Real Estate In England

By: AP
By: AP

General Motors Corp. is looking at selling and leasing back some of its non-manfacturing operations in Europe in an effort to raise cash.

The company's European division is asking real estate agent Jones Lang LaSalle for its help in identifying potential buyers.

"Investigations are under way as to what would be viable," says Denis Chick, spokesman for GM's United Kingdom and Ireland division.

According to Chick, properties in the U.K. that could be sold include its headquarters in Luton, a parts warehouse in Luton and an engineering site in Millbrook.

You must be logged in to post comments.

Password (case sensitive):
Remember Me:
KKTV 520 E. Colorado Colorado Springs, CO 80903 Office: (719) 634-2844 Fax: (719) 632-0808 News Fax: (719) 634-3741
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 35220484 -
Gray Television, Inc.