FIJI NEWS

Kadavu House secures tenants

Written By : SUN FIJI NEWSROOM. The board of Kadavu Holdings Limited will next week finalise details of the occupancy of Kadavu House. KHL general manager Ratu Sela Nanovo said
31 Dec 2008 12:00

Written By : SUN FIJI NEWSROOM. The board of Kadavu Holdings Limited will next week finalise details of the occupancy of Kadavu House.
KHL general manager Ratu Sela Nanovo said they were in the process of working out the finer details and all would be revealed next week.
Ratu Sela said the board wanted to keep matters surrounding the occupancy under wraps until everything was finalised.
“Right now the occupancy issue is still being looked into. We don’t want to say too much on it until everything is finalised,” said Ratu Sela.
Several international organizations are expected to take up tenancy at Kadavu House. Chairman Sakiasi Waqanivavalagi said he would be in a better position to comment once everything was finalised.
The interim government in June paid six months rent owed to KHL amounting to about $1 million as per the tenancy agreement.
There was a misunderstanding between government and KHL on rental issues and the matter was brought to an end after the parties reached an amicable solution.




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