Predicted Loss of 98% for Investors in Kelvingrove Cracken Developments

by NWIC Action Group


Back in September 2015 we published a news update on this development which stated that it looked very unlikely that investors would do well out of the administration.

Sadly, that seems to now be true. The land has been sold and the estimated payment to investors seems to be just over 2p in the £. A copy of the estimated outcome statement from the administrators can be downloaded here.

Did you invest in this development?

If you invested in the Kelvingrove Cracken development and would like to make a claim for your losses, please get in touch. Our lawyers are already pursuing claims on behalf of investors in this development and are making good progress.