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Owner of Derby Riverlights goes into administration

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THE owner of Derby Riverlights has failed and the complex is on the market with a £23 million price tag. Property firm Colliers International has been instructed to market the building on behalf of receivers handing the affairs of owner Derby Riverlights Developments Ltd, which has gone into administration. According to the agent, the value of the complex on the open market has dropped substantially below the price it cost to build – believed to be in the region of £100...

Owner of Derby Riverlights goes into administration


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