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A familiar name resurfaces

Article Abstract:

Australian Securities & Investments Commission (ASIC) brought an action against Co-Develop Properties; a real estate developer that promised investors unrealistic returns of 35-100% and the company was wound up by a court action. A Queensland based real estate company without a hyphen in the same name is now offering its securities promising conservative returns of 12%. There are no connections between the two groups other than common ownership.

Author: Stensholt, John
Publisher: B R W Media
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 2005
Organizational history, Securities issued, listed, Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Queensland, Listing & Registration, Analysis, Stock-exchange, Securities, Securities listing, Company restructuring/company reorganization, Reorganization and restructuring, Company securities, Company organization, Australia. Securities and Investments Commission

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Ready for take-off?

Article Abstract:

Shopping centre giant Centro Properties Group has appealed against the Federal CourtEs ruling which allowed Brisbane Airport Corporation (BAC) to develop a retail complex around the airport. Centro has claimed that BAC does not have the right to carry on enon-airport businessE under the Airports Act 1996. BAC is hoping that the Minister for Transport will change the Airports Act to protect BAC if CentroEs appeal is successful

Author: Thomson, James
Publisher: B R W Media
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 2005
Australia, Commercial and Institutional Building Construction, Commercial Buildings, Nonresidential construction, not elsewhere classified, TRANSPORTATION BY AIR, Air Transportation, Commercial construction, Air transportation industry, Centro Properties Group, Brisbane Airport Corp

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Subjects list: Company legal issue, Cases, Real estate industry
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