The ‘fraught’ model of wholesale investment offers
ANALYSIS: The receivership of Du Val has cast a spotlight on the risky world of property development finance.
Investors on their way to check out an offer document.
Put it this way, if you want a supply of milk it’s easier to have a cow in your own back yard than roam around the Serengeti with a bucket in search of a lactating rhinoceros.
For property developers needing finance, the same principle applies.
Getting a loan on good terms from some hardass bank or
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