Development Securities CEO and FD Interviewed on Interim Results

       Development Securities CEO and FD Interviewed on Interim Results

  PR Newswire

  LONDON, October 22, 2013

LONDON, October 22, 2013 /PRNewswire/ --

Development Securities, the property company, raised its guidance and said the
outlook for the business had improved after reporting a £6m increase in NAV
for the first half.

"We are seeing values rise on the schemes on which we are working," Michael
Marx, CEO, said. "We are seeing ourselves able to secure new opportunities
even though the market has become quite competitive. And we are seeing the
benefit of three of four years of intense hard work building brand and
connections and track record."

Go to http://video.merchantcantos.com/ toview the interim results video
interview. 

MerchantCantos produces in-depth interviews, documentaries and webcasts with
senior company executives. If you would like to contact us, please email
prnsupport@merchantcantos.com or phone +44(0)207-936-1352.