Tuesday, April 10, 2018

Student block developer ran out of cash after taking £11m from buyers

KPMG's report says: “It is understood that investor deposits totalling £11.6m were collected on exchange of contract” – up to 80% of the value of the apartments. The buyers were found by sales and marketing agent Pinnacle MC Global Network, which went into liquidation last year. KPMG says that sales ...
Delivered by KPMG Today (@KPMG_TO)
Article continues here
Follow @KPMG_TO on Twitter to get latest updates