Northwire Canada EditionTuesday, August 25, 2026
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Goldmoney sells U.K. property for 37.9M pounds sterling

XAU · Price

Executive Summary

  • Goldmoney Inc.’s wholly‑owned subsidiary, Goldmoney Properties Ltd., sold the St. James Place (SJP) real estate property for gross proceeds of £37.9 million ($70.1 million).
  • Net proceeds will be allocated to capital expenditures for redeveloping existing properties, reduction of outstanding debt, and acquisition of additional strategic property assets.

Key Details

  • Seller: Goldmoney Properties Ltd., a wholly‑owned subsidiary of Goldmoney Inc. (U.K.).
  • Buyer: Institutional investor based in the United States (unnamed).
  • Asset Sold: St. James Place real estate property (the “SJP property”).
  • Gross Sale Proceeds: £37.9 million (approximately $70.1 million).
  • Use of Net Proceeds:
  • Finance capital expenditures related to redevelopment of properties in Goldmoney’s existing portfolio.
  • Reduce outstanding indebtedness.
  • Support acquisition of additional strategic property assets aligned with the company’s investment strategy.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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