Cast you mind back to 13th February 2019.
Firstport were keen to enter the management of the "Buy to Rent" market.
And they had some very good news that they were keen to publicise.
No doubt encouraged by the Firstport sals pitch for Buy to Let management which included "Crafting specialist property and asset management strategies to deliver operating returns" Viventi Capital awarded the management contract to Firstport.
Viventi were going to invest £100m and build 250-400 units with Firstport handling the management.
The way Firstport initially wrote the story may at first glance lead some to believe Viventi were investing £100m in Firstport, which was never the case.
So how goes the project?
Scroll through to July 25th 2020.
"There is no evidence that Viventi has sourced, acquired or developed any sites as yet"
As Queen put it so well?
Another one bites the dust!
