P526 Teletext 526 Oct23 21:01:01   NEWS  FILE ———————————  ———————————————————————— RAGLAN PURCHASES ESTATE FOR £14.5m Raglan Properties has paid £14.5m for the freehold of a 13-acre, 29-unit industrial estate in East Grinstead. The Birches Industrial Estate — located nine miles from Gatwick airport — currently provides an annual income of £1.36m, Raglan said. "The transaction increases the average lot size of our properties in line with our strategy," said Alan Fosler, Raglan's chief executive. ——————————————————————————————————————— Financial headlines 500 City index 501 Download and Analyse Share Prices on Your PC See p533-537 Next Shares City Family Finance