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Martin Ford 23 December 2024

GLA developer stuggles with £300m debt

GLA developer stuggles with £300m debt image
Image: Fela Sanu / Shutterstock.com.

Auditors have warned a developer owned by the Greater London Authority (GLA) may require a rescue package.

GLA Land and Property is a wholly-owned development company that aims to deliver up to 68,000 new homes on land owned by the authority.

Visit The MJ (£) to read more.

#Housing #Funding #London #Finance

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