Property News · April 24, 2019

Hong Kong investors pressure UK developer to make good on quarterly ‘guaranteed’ returns pledge


Several Hong Kong investors are among an international group of more than 100 seeking redress from a UK property developer they say has fallen behind in quarterly payments on guaranteed ­returns on property investments.According to several of the ­investors, developer and manager A1 Alpha Properties (Leicester) stopped paying them rental ­returns after mid 2018 on their investments in student quarters and holiday homes in Britain.They said they were entitled to receive guaranteed and fixed…

Source : South China Morning Post
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