Development Securities gives Oriental City buyer another loan reprieve

By A staff reporter 2008-08-08T00:00:00

Development Securities, the listed UK real estate developer and investor, has agreed to extend the due date on the £52mln (EUR 65mln) loan notes from the 2007 disposal of its Oriental City retail scheme until 15 September 2008 in order to give the purchaser more time to complete its financing ...

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