Barratt seeks investment partners for landbank

Oct. 20, 2008
Barratt Developments is, according to reports, searching for partners to invest in its strategic landbank in an effort to reduce its £1.65 billion debt burden. The volume housebuilder which has been badly affected by the market downturn, is considering the move along with other measures as a way to restabilise its fortunes, The Financial Times reported. Barratt’s landbank consists of …

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