?14.3 million !!!
Not exactly sure what the 'anticipated development value' is, but Barry Skipper said at one of the shareholders meetings last year that the plan was to sell our stake in the hotel after about 5 years of it being up and running and make ?4-5 million in the deal.
Apparently this kind of thing is a common business practice, and there will be a big investment bank somewhere who will take it off our hands.
Posted By: ede on December 6th 2006 at 13:49:50
Message Thread
- A picture of the new hotel (NCFC) - phrankin, Dec 6, 13:15:44
- ?14.3 million !!! (NCFC) - ede, Dec 6, 13:49:50
- Wait till we sell it in 5 years (NCFC) - DiscoDaleGordon, Dec 6, 14:02:51
- Certainly doesn't look like that at the moment! (n/m) (NCFC) - Brom, Dec 6, 13:20:53
- ?14.3 million !!! (NCFC) - ede, Dec 6, 13:49:50
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