Sorrento Asset Management, the sales and marketing division of the Sorrento Property Group headed by former banker Bryan Turley, is to cease trading. Alan Hogan, the company’s sales director, has resigned.
The move is part of an effort by the troubled property group to save costs as part of a wider restructuring plan, sources said last week. It is believed Turley is in discussions with the group’s lenders, including Postbank and TD Bank...
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