The British property investor most closely linked to the acquisition of Arnotts has said that it is not involved as either a new owner or investor.
L+R, one of the world’s largest privately owned property firms, owned by the billionaire Livingstone brothers, said it has no involvement in the deal led by Noel Smyth’s Fitzwilliam to buy distressed asset investor Apollo’s 50 per cent stake of the iconic department store in a deal said to...
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