Government Grants New Lease over Dockyard
The new lease has been granted to Balaena Propco Limited, part of the Balaena Limited group of companies who have today announced their acquisition of Gibdock.
balena group
The Balena group are an offshore utilities business based out of the United Kingdom.
The ultimate beneficial owner of these companies is Simon Gillett a British, UK based entrepreneur.
Change of control protections are included in the new lease, which were not provided for in the old lease.
new lease terms
The new lease terms meet 3 of the GSLP/Liberal Government’s 2019 Manifesto Commitments.
balena group
The Balena group are an offshore utilities business based out of the United Kingdom.
The ultimate beneficial owner of these companies is Simon Gillett a British, UK based entrepreneur.
Change of control protections are included in the new lease, which were not provided for in the old lease.
new lease terms
The new lease terms meet 3 of the GSLP/Liberal Government’s 2019 Manifesto Commitments.
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26-05-22 PANORAMAdailyGIBRALTAR
