Friday, 12 December 2008 02:00

A lucrative structure

You’d struggle to find a better emblem of the bubbling conflicts of interest that scar the property industry than the Hospitality Property Fund — symptomatic of a sector where “anything goes” is almost a mission statement.

Hospitality Property Fund will acquire the 301-key 4-star Holiday Inn Sandton, adjacent to the Village Walk Shopping Centre in Sandown, for R400 million

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