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Homburg Invest CCAA protection extended to Feb. 8; subsidiaries added
By Caroline Salls
Pittsburgh, Dec. 18 - Homburg Invest Inc.'s Companies' Creditors Arrangement Act protection has been extended until Feb. 8, according to a news release.
The company said the extension will give it more time to develop a restructuring plan for the benefit of all stakeholders.
In addition, Homburg Invest said subsidiaries Homco Realty Fund (190) LP and Homco Realty Fund (191) LP are now under CCAA protection.
Based in Halifax, N.S., Homburg owns a portfolio of real estate, including office, retail, industrial and residential apartment and townhouse properties in Canada, the United States and Europe.
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