"Legal wrangle in UK threatens IBRC's shopping mall stake"
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhdlIsNmtba851wmc4Syl6a2zkSZcN7tn3tSkTUs34FgzI-kb2ummXLNiHculsPG3wqFG2Kiy1u4GAikEKk1nfdHRxlMSgO2VKqEdpeffT8rM5DhiPRQsq-W8BGJ3xesdISMapqAdmpSFg/s400/logo-independentdublin%5B1%5D.png) |
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.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi0T0i0KNoPrwzqyfcKgKRXVZSTJMaVgaw6haZN89607VbuVCLgagW0iQ1YrkA8nLnKHkkAPMHGjxPlqFgn7PlTDofy77foREwJ-50tnJj4b-CWRhyphenhyphenD3zDX60pDzEJGzLepw-fPg5dvVAI/s150/frdougal2%5B1%5D.jpg) |
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.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhUuSYcTEx9zApOpEGYSUJwRYKFQ3tTKjR_r0x3S-W2-QEz_10Oi-rkn5TC2dE9sOIoVFQ2iY1LqvwvUIBtE3XNQHi5QkoENHAEuKcAWMMPlNYXlxbY0Hht_qacaip7OmtFALrRHuDjY2I/s120/Father%2520Jack%5B1%5D.jpg) |
"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."
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