Reciever Sells City Pacific Offices
It was only a matter of time, but following City Pacific’s collapse their waterfront headquarters on Miami Key in Broadbeach Waters are being liquidated by administrators.
The marketing campaign is due to begin shortly, however the sale will only make a small dent in the $100m or so debt the former financier owes the Commonwealth Bank.Сувенири
Tags: Broadbeach, City Pacific Ltd, gold coast, news, real estate
September 26th, 2009 at 10:10 am
the fund holders in City Pacific First Mortgage Fund are owed money and should get this money first rather then the bank. Com Bank should not be first in line! But they are. Crap result again for individuals at the expense of greedy banks
October 13th, 2009 at 2:30 pm
please would you send something as you have disappeared of the radar