Receivers seize another Saraceni asset

Receivers for embattled office development Raine Square have seized another Saracen Properties asset in Subiaco, after the sale of Saracen's neighbouring property was settled last Thursday in deal worth around $67 million.


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It never ceases to amaze me how these developers cry foul every time they slip up, and over commit. Instead of taking it on the chin like everyday people, who accept that they made a mistake, these blokes always throw the blame at someone else ( ant risk damaging their EGO'S - and trust me Luke' ego is so big you need a crane to get over it !! What a sneaky fool thinking hecould get away with moving his money around - nearly as bad as Rick Stowe !!! Toughen up princess, and as others have found out - "If you do the crime, be prepares to do the time"

hi south west citizen. australia needs developers to help this great state grow saracini might have a large ego at least he has tried to improve our tourism industry metro and south west , have you? I also notice he has courage to sign off correspondence in his own name . John Adams

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