Image from Google Jackets

Fall of Broadgate property company

Language: English Series: Financial Times ; 23 December 1994, 19 | Daily Telegraph ; 20 December 1994, 23Publication details: 1994Subject(s): Summary: Traces the rise and fall of property company Stanhope which is on the brink of receivership. Stanhope Properties` shares were suspended after the banks withdrew credit facilities on 23 December 1994. Subsidiary, Stanhope Cambridge has been sold to Alfred McAlpine for £4.8m. Rescue bids are still under discussion.

Traces the rise and fall of property company Stanhope which is on the brink of receivership. Stanhope Properties` shares were suspended after the banks withdrew credit facilities on 23 December 1994. Subsidiary, Stanhope Cambridge has been sold to Alfred McAlpine for £4.8m. Rescue bids are still under discussion.