CroydonGate: The next steps

"Legal wrangle in UK threatens IBRC's shopping mall stake"

Link to web site

"The increasingly bitter dispute over Croydon's Whitgift Shopping Centre could mean that the Irish taxpayer-owned bank's stake in a proposed €1.25bn redevelopment will be compulsorily bought by local authorities.

What would
Father Dougal do?

"... Last November, Australian retail giant Westfield Group said it had secured a binding agreement with the Whitgift Foundation to develop the site.

"CPO would be an

ECUMENICAL matter!"

"However, IBRC and Royal London Asset Management - which together control 75pc of the leasehold - signed up rival developer Hammerson as the preferred developer."