By Carl Scully
The joint venture partners of the Lane Cove tunnel consortium, Thiess Pty limited and John Holland Limited have decided to compensate and acquire the prime real estate site adjacent to Lane Cove Road for an undisclosed sum.
The consortium and the sole owner of the site have agreed to keep the matter out of the courts and have agreed to compensate the owner more than the current market value of 14.8 million dollars. It is rumoured that the company settled for an amount close to 20 million dollars.Company representatives would not comment on the amount paid, however they did state that the prime block will be turned into the new Sydney headquarters for John Holland group.
Arjuna was last seen leaving the car park of Grosvenor Place with a big smile on his face. Considering he only acquired the property from the distraught owners following the road collapse debacles last week this has been one savvy investment return for the man from Colombo.
He remarked, “that this was not as sweet a return as Makybe Diva but I am very happy, I will use some of these funds to improve the spelling and grammar teaching techniques in the schools back in my homeland and I might even treat myself to a Range Rover, So that I can run over some of you lot as well as some of my vindictive team mates that continue to remark about my business dealings, these team mates know who they are" Arjuan stated as he sped off.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment