McCarthy and Stone says ground rents essential, but why sell freeholds to murky Adriatic Land?

BetterRetirementHousing.com has found that McCarthy and Stone is selling retirement freeholds to Adriatic Land, whose beneficial owners remain hidden. Adriatic Land freehold owning companies, which are managed by Will Astor’s Long Harbour fund, have nominee directors from the Sanne Group, based in Jersey. Pensioners in retirement sites – and any other leaseholder for that matter … Continue reading McCarthy and Stone says ground rents essential, but why sell freeholds to murky Adriatic Land?