Equites Property Fund, the Johannesburg-listed real estate investor, has cancelled an £81 million sale of a distribution hub site to Lidl and a £48.5 million land sale to Arrow Capital Partners after failing to secure planning permission from Basingstoke and Deane Borough council.
Equites Cancels £130 Million of Industrial Sales to Lidl and Arrow After Planning Refusal
South African Developer Has Lost Appeal Against Basingstoke's Refusal of Consent For Major Distribution Hub Developments
By Paul Norman
CoStar News
December 19, 2022 | 2:39 P.M.
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