Ormiston Rise receivers sell 700-home project
The development’s original financiers are backing the new buyer.
Maria Slade
Tue, 24 Aug 2021
A large South Auckland housing development has been sold to a company backed by its original financiers.
Ormiston Rise is a planned community of 727 homes, including both KiwiBuild and private sales, in Totara Park east of Manukau City centre.
Receivers were appointed to the landowning
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Maria Slade
Tue, 24 Aug 2021
Contact the Writer: maria@nbr.co.nz
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Ormiston Rise receivers sell 700-home project
Business,
88661