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Property investments by Dunedin council-controlled organisation Delta Utilities have been written down by $9 million.
They include sections at Jack’s Point and Luggate, which account for $7.5 million of the writedown.
NBR NZPI reported in 2009 how Delta’s purchase of 100 sections at Jack’s Point
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Chris Hutching for NBR NZ Property Investor
Tue, 23 Oct 2012
Tue, 23 Oct 2012
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Delta writes down Jack’s Point properties
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