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St Laurence to merge property syndicates
Thursday 13th of November 2003
St Laurence Group is planning to merge 13 of its property syndicates and raise $140 million from the public and existing investors through a convertible note issue.The move is similar to what Urbis (Waltus) and Dominion Funds did with their property syndicates, however this is being done on a voluntary basis.
"We went quite a long way down the track of doing an Urbis but a lot of our invest...
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