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DNZ sells property below value, secretive about other sales

Troubled DNZ Property Fund has made its first property sale of the year, as part of its asset sale for debt reduction program, to owner-occupier Harvey Norman.The company was due to list on NZX in December last year but pulled its initial public offering

Jazial Crossley
Tue, 02 Mar 2010

Troubled DNZ Property Fund has made its first property sale of the year, as part of its asset sale for debt reduction program, to owner-occupier Harvey Norman.

The company was due to list on NZX in December last year but pulled its initial public offering ($43 million of which was to be pocketed by

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Jazial Crossley
Tue, 02 Mar 2010
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DNZ sells property below value, secretive about other sales
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