City Pacific settles property dispute
The listed property firm manages to negotiate a settlement with a Queensland property developer.
Embattled property group City Pacific has finally settled a property dispute, about which it had been in negotiations earlier this month.
On December 5, the company issued a trading halt on the Australian Securities Exchange (ASX) with respect to court proceedings between the firm and Mewett Developments.
The proceedings related to the sale of a commercial building.
City Pacific settles property dispute - InvestorDaily.com.au
