The PRICOA-owned South Downs Partnership has begun legal proceedings to claim more than £500,000 in damages from the surveyor Edward Symmons & Partners
The proceedings, which were issued last Thursday, centre on four properties: Greenways Business Park in Chippenham, Challeymead Business Park in Melksham, Amelia House in Worthing and Holmbush Industrial Estate in Midhurst, which make up 19% of the £112m South Downs Portfolio.
A number of allegations were made against Symmons, including its failure to manage its partnership’s properties in an “orderly, diligent and businesslike manner”.
South Downs terminated its contract last June.
Property Week 20/04/01 page 3
