Administrators lined up for £500m vehicle

By 2012-10-15T12:49:00

NCP

Source: Lee Jordan

An investment company that bought a giant portfolio of car parks for more than £750m during the boom is to be put into administration, after debt talks with lenders including Royal Bank of Scotland and Blackstone broke down.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Try Property Week For Free to finish this article.

Sign up now for the following benefits:

  • Unlimited access to Property Week
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article TRY FOR FREE NOW

Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.

Registered users and subscribers SIGN IN here to continue