The controversial Cornwall Park Trust board has been forced to write down its rental income by $853,000 this year as a result of over-estimating rents.
The board is still in negotiations with a small number of leaseholders whose 21-year “Glasgow” leases came up for renewal this year. Many
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Victoria Young for NBR NZ Property Investor
Wed, 11 Dec 2013
Wed, 11 Dec 2013
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Beleaguered Cornwall Park trust board defends rental write down
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