Apparently this only applies to one division of the company and not the part which owns Chalton shopping centre.
Administrators are Deloitte.
A statement says: "Deloitte is working closely with all stakeholders to support the ongoing management of the properties. This is a holding company appointment only, and the property owning companies continue to trade as normal. Arrangements are being made for the continuation of all property management services on an ongoing basis, and we expect no interruption to services for tenants."
Having said that whilst they may not be formally in administration, the ultimate fate of these companies will depend on the corporate structure; look at what happened to Connaught and its operating companies.
"Dream as if you'll live forever. Live as if you'll die today." - James Dean
"Being deeply loved by someone gives you strength,
While loving someone deeply gives you courage" - Laozi
