FCC To Terminate Market Developer�s Lease

 The council leased the market facility to Equality Properties holdings in 2004. Under the lease agreement, Equality was supposed to refurbish the market and turn it into a new state of the art Central Business District (CBD).

“The company was given a seven day termination notice and it will expire next week Wednesday. It has failed to comply with certain aspects of the lease agreement which is why the council want to terminate the agreement,” FCC senior public relations officer, Joseph Wasubera told Monitor Business in an interview.