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Halladale Buys Property For £9.9m

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They picked a good time to buy – the question is why would you buy – I'm sure they got it cheap i.e. 9.9 m is good value – but surly intelligent people would have waited a year or two – why can they not see the crash coming.

http://uk.biz.yahoo.com/051031/214/fvob2.html

Halladale buys property for £9.9m

Property development firm Halladale has purchased a freehold site in Edinburgh from Scottish & Newcastle for £9.9m.

The property, which is in Edinburgh, will be refurbished by Halladale to facilitate letting in suites from 2,500 square feet to entire floors over 13,000 square feet "Fountain House offers Halladale an ideal opportunity to use our entrepreneurial asset management and redevelopment skills to refurbish and reconfigure the building to attract first class tenants," said the group.

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"Fountain House offers Halladale an ideal opportunity to use our entrepreneurial asset management and redevelopment skills to refurbish and reconfigure the building to attract first class tenants," said the group.

Which means, in english: we put our finger in the air and we think if we sell at an enormous amount each flat we'll make money but of course we we're only hoping.

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  • 302 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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