Thakral Pulls Two Assets From the Market

THAKRAL Holdings has pulled two major assets from the market after they failed to generate buyer interest.

The assets – the Sofitel Gold Coast and Oasis Shopping Centre – were expected to fetch about $200 million. Funds would have cut gearing and reinstated distribution.

Managing director John Hudson is reported in the AFR as saying the company was considering other ways to cut its debt levels, now.

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Marc Pallisco

A freelance property analyst and journalist, Marc is a co-founder of realestatesource.com.au.

Marc Pallisco

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