Sale of land - NZ Orewa TS
May 27, 2010 11:14 AM
by MKR
Here is a news item about the sale of Orewa TS land:
<
http://www.stuff.co.nz/auckland/local-news/north-harbour-news/3745932/Society-land-to-be-sold
>
Recently we heard about Tekels Park in England being sold for Pounds 6
million and a lodge in Orlando, USA being shut down.
Is TS in a season to sell real estate holdings and convert to cash in the
hope cash will solve the fundamental growth problem TS is facing?
MKR
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