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Hot Topic NBR Focus: GMO
Hot Topic NBR Focus: GMO
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

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Failed property developer’s debts climb
Business,
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