Failed property developer’s debts climb
The Treasure Plus group now owes $85m with no assets except an unfinished Te Atatū development.
The Dawn Park project in Te Atatū South is being sold as a going concern.
A failed Auckland property investment group owes at least $85.3 million, with interest continuing to accrue, liquidators’ reports show.
Financier Vincent Capital placed Treasure Plus and related company Atkin Apartments in receivership in September, and a month later called in voluntary
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