News

Waltus tries to rescue KPMG Centre investment

Tuesday 30th of October 2001

The existing $26.4 million in loans by Commonwealth Bank of Australia to its owner, the Waltus Prime Properties syndicate, were due for repayment on 29 May this year but were extended to 29 November.

Prime Properties' latest accounts make it clear that if these loans can't be refinanced, the building will have...

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