REO is falling to pieces – literally

“If there is a high wind one of the chimneys on the power station isĀ  going to come down, so it’s better if you take them down and put them back up so that can’t happen. They’re basically un-reinforced concrete.”
Richard Barret, co-founder of Treasury Holdings, on the redevelopment of Battersea Power Station, October 2011

And just a few months later their fence around the power station was blown over by a strong gust of wind. All four chimneys are still standing strong proving once again that Real Estate Opportunities‘ threats, promises and bank accounts are nothing but empty.

This picture was sent to us by Brian Barnes, founder of the Battersea Power Station Comunity Group.

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