Tuesday 22 February 2011

Is party over for landlords who squeeze pensioners for every penny? | Mail Online

Is party over for landlords who squeeze pensioners for every penny? | Mail Online

As high-rolling tycoon Vincent Tchenguiz loses control of thousands of retirement flats...
Property tycoon Vincent Tchenguiz was always an improbable man to look after your granny on a retirement estate, and so it has proved.

Having taken over the massive Peverel property management group right at the end of the boom in 2007 with loans from Icelandic bank Kaupthing, it has all now unravelled and last week he lost control of the company.

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