301 Flinders Lane was sold to an education group for about $24 million.
However, a more recent report shows intercompany loans of $13.3 million were made from Harrolds Logistics to entities controlled by the Poulakis family, and MacNeil was looking to recoup the cash. He did not return inquiries, and Ross Poulakis said he was unavailable to comment or discuss the matter.
Cushman & Wakefield’s Oliver Hay and Daniel Wolman are handling the property but declined to comment. It’s understood they also sold 301-311 Flinders Lane.
Meanwhile, former Harrolds staff have recently revived the retailer’s operations in Sydney.
Harcourt
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