Nova-controlled company wants to buy the ‘tombstone’ mall

  • 📰 Moneyweb
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 77%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

If successful, Villa Retail – which the Nova Property Group controls – envisages completing The Villa project. Moneyweb Property

Villa Retail Park Investments Ltd has made an offer to acquire the half-built derelict shopping mall The Villa in Pretoria. If successful, Villa Retail – which is controlled by the Nova Property Group, the rescue vehicle of the failed Sharemax property syndication schemes – envisages completing The Villa project. It believes this will extract the inherent value of the development as originally envisaged.

Sharemax rescue vehicle makes a U-turn on payments to investors [Dec 2021] Criminal charges were lodged against Sharemax in March 2012 for alleged contraventions of the Bank Act. Nova Property Group, a rescue vehicle born out of a scheme of arrangement, now owns all the syndicated properties, while the investors were offered either shares or debentures. About 18 000 investors invested an estimated R5 billion in Sharemax’s various property syndication schemes.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 5. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Alexforbes set to buy insurance administration services companySubject to approval, the cash deal will see Alexforbes buy a 60% stake in TSA Administration
ソース: BDliveSA - 🏆 12. / 63 続きを読む »