UK shopping centre owner warns investors value unlikely to be realised from shares

New Frontier Properties, the South-African listed property company that breached its debt covenants last year after the value of its UK shopping centres slumped, has warned shareholders that it is unlikely they will realise any value from their investments and that is therefore actively pursuing a delisting.

from Property Week - Retail news https://ift.tt/2SAeHup
via Bahria Town Karachi

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