Property firm collapses as administrators appointed
A Coventry-based property firm has called in administrators from Quantuma.
On 7 August 2024, Simon Campbell and Kelly Mitchell, managing directors and insolvency practitioners from Quantuma’s Southampton office, were appointed as joint administrators for Innovative Retail Development.
Founded in 2019, Innovative Retail Development holds the long lease for Riley Square, a Coventry retail centre with social housing above.
The lease, granted by Coventry City Council, required investment in site and community improvements, whic... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
