Property Company's Debt Crisis ; Financial Mail

Mail on SundayJune 20, 2005

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Summary


SOUTHERN Cross, the property management company co-founded by millionaire entrepreneur Edward Davenport, is facing a winding-up petition from a key investor.

The company, which leases top properties in central London, set up Relocate in 2003 to help clients find serviced offices.

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Property Company's Debt Crisis ; Financial Mail

The most recent accounts, filed in October 2003, boast of assets ...

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