British investor HP Capital ready to pull out of the Renaissance Plaza project
British real estate investment and development company HP Capital Properties is preparing to withdraw from the construction of the Renaissance Plaza retail and office complex in the Plateau district of Abidjan. Work on the $70m project has been halted.
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▪ British investor HP Capital ready to pull out of the Renaissance Plaza project
▪ British real estate investment and development company HP Capital Properties is preparing to withdraw from the construction of the Renaissance Plaza retail and office complex in the Plateau district of Abidjan. Work on the $70m project has been halted.
▪ https://www.africabusinessplus.com/en/799108/british-investor-hp-capital-ready-to-pull-out-of-the-renaissance-plaza-project/
HP Capital Properties, which owns the Cosmos shopping mall in Yopougon alongside Lebanese family group Saradar, is not planning to leave Côte d’Ivoire though. “We are going to focus on other projects that we are planning to launch until we have a clearer picture of what is happening at Renaissance Plaza. As things stand, we are looking to pull out of the project. We don’t want to get mixed up in political intrigue,” explained to Jeune Afrique Business+ a source at HP Capital Properties.
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