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Full 2014 10 ph annual report

Making Poplar a better place to live Annual Report 2013–2014
Legal

Poplar HARCA, 2014

Quotes

p.10
Converting the Grade 2 listed Balfron Tower from a social rented block to all private sales. The red book valuation of Balfron Tower using EUV–SH is negative (£4,030,000). By changing the tenure to private sale we anticipate that the project will generate a positive NPV and reduce financial risk for Poplar HARCA. 

Questions
& Answers

Will residents be able to return to their flats in the tower following the refurbishment works?

Page(s): 10

Converting the Grade 2 listed Balfron Tower from a social rented block to all private sales. The red book valuation of Balfron Tower using EUV–SH is negative (£4,030,000). By changing the tenure to private sale we anticipate that the project will generate a positive NPV and reduce financial risk for Poplar HARCA.