Thursday 22 September 2011

Glenwood. Possible sale of markets

Parklea Markets could be put on the market following the appointment, on August 16, of receivers and managers to Almona Pty, owned be developer Con Constantine, owing more than $31 million to secured creditors, according to The Australian Financial Review. Almona had lodged plans for a $135 million redevelopment of the 17-hectare site, at Glenwood, including a teo-storey hotel, a 21,000-square-metre conference and 17,000-square-metre growers’ market.

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