![Stamford Land's proposed disposal of Sir Stamford in Sydney unable to proceed [update]](https://edgemarkets-transferred.s3-ap-southeast-1.amazonaws.com/styles/article_detail_v2/s3/Sir%20Stamford%20at%20Circular%20Quay_0_0_2.jpeg)
The replacement contract was entered into on Sept 23, where a valid binding agreement for the sale and purchase of the property was formed by both companies.
Stamford Land, on Dec 27, announced that JDH Capital is unable to complete the acquisition of Sir Stamford at Circular Quay, located at 93-97 Macquarie Street, Sydney, Australia, by December.
Under the terms of the replacement contract, JDH Capital has up to Jan 19, 2023, to complete the sale of the property.
