close
Business
2 mins to read

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.

Maria Slade Wed, 20 Dec 2023

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

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace
NZ Aviation News

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Aviation News - Monthly

NZ$14.95 / monthly

Already have an account? Login
Contact the Writer: maria@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Failed property developer’s debts climb
Business,
102212